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, Deloitte launch sustainability accelerator tool for SMEs

DBS aims to extend the tool to other markets from 2025.

DBS launches bond portfolio managed by BlackRock

Customers can invest for a minimum of $1,000 and a 0.6% annual management fee.

‘Flattish pricing’ seen for future developments on three URA sites: DBS

Homes on the Canberra Crescent site could sell for under $2,000 psf.

MAS “closely monitoring” global IT outage

Major banks reported little to no impact to customers and key operations.

DBS rolls out gen AI assistant to customer service workforce

CSO assistant is expected to benefit its over 500 CSO staff in Singapore.

Singapore REIT rally seen as rate cut speculation intensifies: DBS

Clients prefer REITs with heavy exposure on Singapore real estate.

High uncertainty fuels a divided inflation outlook among Singaporeans

Singaporeans' one-year-ahead inflation expectations have dipped to 4.2% in June 2024.

RTS Link could cause significant retail value leakage, warns expert

DBS also expects a 3% to 4% impact on local retail sales.

DDEx’s digital token trade value triples in 5M 2024

Active trading clients have also grown by 36% during the period.

Acrophyte buys 19% stake in ARA H-Trust

Acrophyte AM has acquired both ARA H-Trust’s REIT manager and trustee-manager.

DBS HK fined US$1.28m for anti-money laundering, review lapses

The bank failed to conduct due diligence in ‘high risk situations’ from 2012 and 2019.

SG banks turn to upskilling as hiring sentiments turn ‘cautious’

Roles related to wealth advisory and anti-ML and fraud are most in demand.

CDL secures $400m TNFD targets-aligned sustainability-linked loan from DBS 

The SGX-listed builder has now secured over $8b in sustainable loans since 2017. 

85 Singaporean companies included in Fortune’s SEA 500 rankings

Trafigura, Wilmar, Olam, Flex, and DBS all made it into the top 10.