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 CEO Piyush Gupta earned 13.3% more in 2022

Gupta’s salary is S$1.5m in 2022, up from S$1.2m in 2021.

DBS CEO Piyush Gupta earned 13.3% more in 2022

Gupta’s salary is S$1.5m in 2022, up from S$1.2m in 2021.

DBS officially launches Dhaka representative office

This is DBS’ 19th market globally.

DBS’ Lareina Wang on why role models matter to women in banking

Only 20% of bankers in C-Suite and senior leadership roles in Hong Kong are women.

Banks offer flexiwork, mentor programmes to uplift women’s careers

This International Women’s Day, we spoke with Singapore’s big three banks on how they are helping close the gender gap in their workforces.

DBS Digital Exchange's Bitcoin trading up 80% in 2022

The members-only exchange also doubled its customers during the year.

DBS appoints Sebastian Paredes as head of North Asia

Paredes will continue in his role as CEO of DBS Bank (Hong Kong).

DBS names new group head of consumer banking, Singapore country head

She Tse Koon takes over from Sim S. Lim, who is retiring from executive duties.

High interest rates carry DBS to record net profit of $6.14b in 2022

Total income surpassed S$16b for the first time in the bank’s history.

DBS secures China central bank funding for lending to green projects

PBOC will provide financial institutions with funds equal to 60% of a loan's principal.

Singapore banks to report flattish Q4 22 earnings amidst slow global growth

NIMs will rise but the expansion could decelerate due to higher funding costs.

DBS Hong Kong offers two-in-one instant loan and credit card combo

Users just need to scan their HKID to get both cash and a digital card in a single application.

DBS Hong Kong unveils eLaisee function

Customers who send an eLaisee also have the chance to win up to HK$288 in cash rewards.

DBS to launch IATA Pay in Hong Kong, Indonesia, Singapore

Airlines can access up to US$20b in savings from payment processing fees.

DBS Asia Capital names Lindsay Chu as new CEO

Prior to joining DBS, has worked senior roles in HSBC, Nomura, and J.P. Morgan.

DBS completes intraday repo transaction on a blockchain-based network

Repo transactions will finish within hours instead of one to two days.

Interest rates will be Singapore banks’ boon and bane through 2023: analyst

It’ll benefit them over the next three quarters, but asset quality may deteriorate after.

DBS Group’s net profit jumps 32% YoY to $2.24b in Q3

Its total income grew 28% to $4.54b.