Singapore bank DBS commits up to $741 mln for charity over next decade- CEO

[ad_1] SINGAPORE, Aug 11 (Reuters) – Singapore’s biggest bank DBS Group (DBSM.SI) will commit up to S$1 billion ($741.29 million) over the next 10 years to help improve the livelihoods…

Singapore bank DBS’ Q2 profit beats estimates; expects record year

[ad_1] [1/2]People use DBS automated teller machines (ATMs) in Singapore March 31, 2022. REUTERS/Caroline Chia/File Photo Q2 net profit at S$2.69 bln vs S$2.41 bln estimate Return on equity hit…

DBS Hong Kong and CLP Power expand partnership with launch of “SME Low-carbon Rewards” to support SMEs’ low-carbon transition

[ad_1] First bank in Hong Kong to provide subsidies to SMEs for purchasing CLP renewable energy certificates HONG KONG SAR – Media OutReach – 30 June 2023 – Environmental, social,…

Singapore bank DBS deepens focus on booming family office business

[ad_1] SINGAPORE, June 12 (Reuters) – Singapore lender DBS Group (DBSM.SI) is stepping up its focus on the business of family offices, where its assets have surged in the last…

Singapore banks are so flush with deposits that DBS loaned MAS $30 billion

[ad_1] SINGAPORE – Singapore banks are flushed with deposits with few options to deploy them amid a tepid lending environment. The Monetary Authority of Singapore (MAS) is one avenue. The…

DBS launches refreshed 2025 strategy

[ad_1] DBS launches refreshed 2025 strategy  GOV.UK [ad_2] Source link

Singapore’s central bank imposes additional capital requirement on DBS Bank

[ad_1] May 5 (Reuters) – The Monetary Authority of Singapore on Friday imposed additional capital requirement on DBS Bank, the banking arm of the country’s largest lender DBS Group (DBSM.SI),…

MAS ups DBS’ additional capital requirement to S$1.6 billion after successive disruptions

[ad_1] At DBS’ annual general meeting on Mar 31, chief executive Piyush Gupta apologised for the service disruption days earlier, while chairman Peter Seah announced that a special board committee had…

DBS digital banking services disrupted for second time in under 2 months; ATMs also affected

[ad_1] The latest disruption comes less than two months after a day-long outage of DBS’ online banking platforms. The Mar 29 incident prompted the Monetary Authority of Singapore (MAS) to…

Singapore’s DBS posts record Q1 profit, expects margins to decline as rates peak

[ad_1] SINGAPORE: DBS Group posted record first-quarter profit, with Singapore’s biggest bank saying it had benefited from inflows from depositors seeking a safe haven amid the global banking turmoil, and…