DBS

DBS is a Singaporean multinational banking and financial services corporation offering services in consumer, SME and corporate banking activities across Asia and the Middle East.
See below for the Latest DBS News, Analysis, Profit Results, Share Price Information, and Commentary.

Singapore's carbon tax hike to leave massive economic impact: banks

Power generation, manufacturing, transport industries will be the most impacted.

Singapore's carbon tax hike to leave massive economic impact: banks

Power generation, manufacturing, transport industries will be the most impacted.

DBS posts record S$6.8b net profits in 2021

Loan growth was at its highest in seven years.

MAS slaps S$930m additional capital requirements for DBS

This comes after the bank’s digital services went offline in November.

SEA banks' more crypto exposure could hit earnings in the long run: Fitch

Banks looking to dab in crypto face operational, reputational, and legal risks.

DBS appoints Helge Muenkel as chief sustainability officer

Muenkel was ING’s head of APAC for sustainable finance and GCM.

DBS acquires Citi’s Taiwan consumer banking business

DBS will pay Citi in cash for the net assets plus a premium of S$956m.

DBS named APAC’s top green, sustainability-linked mandated lead arranger 2021

The bank extended $4.86b in green syndicated and club loans across 40 deals.

DBS’ suffers digital bank service glitch; MAS mulls taking supervisory action

DBS Country Head Shee Tse Koon has apologised for the disruptions.

Singapore banks, SGTraDex to develop standards for green trade finance digitalisation

UOB, DBS, OCBC, and Standard Chartered are participating in the initiative.

Regulation, late digitisation challenge Web 3.0 adoption in wholesale banking

Web 3.0 is taking over, but many businesses have yet to move past Web 1.5.

DBS’ net profits jump 31% to $1.7b in Q3

The non-performing loans rate remained unchanged at 1.5% during the quarter.

DBS rolls out one-stop sustainability-focused platform

The bank will also launch an autonomous carbon calculator service under LiveBetter.

DBS names Soh Kian Tiong as chief risk officer

He has over 25 years of experience in business and risk roles.

MAS, Singapore banks build digital platform against money laundering

This will allow sharing of customer and transaction data on money laundering cases.

MAS grants DBS brokerage arm crypto licence 

The monetary authority also granted one to an Australian firm.