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.

DBS raises fixed home loan rate, scraps 5-year fixed package: report

The new rate is 0.03 percentage points higher than the previous 2-year fixed rate.

2 days ago

DBS raises fixed home loan rate, scraps 5-year fixed package: report

The new rate is 0.03 percentage points higher than the previous 2-year fixed rate.

2 days ago

Banks’ tech risks intensifies as digitization ramps up: Fitch

Tech failures will have significant reputational and regulatory consequences for banks.

3 days ago

DBS PayLah! enables QR payments in 45 markets through UnionPay

Users can now pay with QR code in one of UnionPay’s 31 million retailers worldwide.

DBS grants A$295m green loan to GIC

It is DBS’s first AUD-denominated green loan.

DBS adds carbon calculator in LiveBetter platform

Users can also now access a curated portfolio of carbon projects to help reach offset goals.

Oxford Sustainability Finance Group founding director to join DBS board sustainability committee

Dr. Ben Caldecott is the first professor in sustainable finance at the University of Oxford.

DBS to launch 5 partnerships to enhance SMEs’ digital supply chain capabilities

SMEs from Singapore, Hong Kong, China, Indonesia, and India will benefit.

DBS, Shenzhen Rural Commercial Bank to offer Wealth Mgmt Connect Southbound services

DBS Hong Kong said that 80% of WMC Southbound service clients are new customers.

DBS, Xero simplifies SMEs loan application with data-sharing partnership

Xero customers now has the option of sharing their transaction records to DBS.

Singapore banks report lower earnings in unison

DBS, OCBC, and UOB all saw their profits fall 10% year-on-year.

DBS posts US$1.3b net profit in Q1, second-highest on record

Wealth and investment banking fees were lower after 2021’s exceptional year.

DBS, Manulife Singapore launch insurance starter plan ProtectFirst

Customers can choose from three plans that focus on illness, life protection, or accident coverage.

Trading risks to weigh on Singapore Big Three Banks’ Q1 earnings: Maybank

But core businesses are expected to show resilience.

DBS China appoints Ginger Cheng as new CEO

Current CEO Neil Ge will be retiring from the bank at the end-June 2022.

DBS CEO Piyush Gupta’s salary up 47.8% to S$13.57m in 2021

His cash bonus jumped 51% in 2021 compared to the previous year.

DBS forges on with net-zero goals in 2022

It is transforming its data centres and server rooms into carbon-neutral assets.

DBS establishes Board Sustainability Committee

It will be chaired by CEO Piyush Gupta and will consist of DBS board members.