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 appoints Sebastian Paredes as head of North Asia

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

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 offers SMEs up to S$300,000 financing with DBS Quick Finance

Customers can choose between an overdraft or a loan.

Does the future of banking lie in the metaverse?

Virtual reality may be the answer to more digitally optimized financial services that does not sacrifice personalisation.

DBS unveils tech apprenticeship programme for polytechnic students

It will take in 20 students this year to start and later expand across all 5 polytechnics in SG.

DBS’ emission targets to drive improved emission disclosure in SEA

The move is expected to improve the quantity and quality of data disclosures on GHG.

DBS unveils targets for decarbonisation, data coverage under net zero goal

It plans to reduce emissions from O&G sector by 28% in 2030.