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.
Market Update: STI up 0.07%
Market Update: STI up 0.07%
DairyFarm, Yangzijiang Shipbuilding, and DBS were seen with the most growth today.
CPF LIFE and DBS create Singapore’s first reverse mortgage product
Ageing Singaporeans now have more options to monetise their private property in preparation for their retirement.
DBS pilots financing solution for seniors with private properties
This will allow them to borrow against their property to raise their retirement income.
DBS hits all-time high stock price of $31.47
This is the first time a stock traded above $31 per unit for one session.
DBS aims to double its investor base in DDEx by end of the year
The DDEx will operate 24/7 to increase trade volume amidst growing client demand.
Market Update: STI up 0.9%
DBS and Singtel both gained 2.19%.
Daily briefing: Southeast Asia tech startups value may reach $1t by 2025; DBS chair leads National Day Award list
And the Building and Construction Authority said COVID-19 antigen rapid tests will be mandatory.
Singapore banks push ahead to post-pandemic era
Significant loan book exposure in China is helping them recover faster than their regional peers.
DBS profit up 54% to record S$3.71b in H1, 33 cents DPS announced
Fee income rose to a record as wealth fees hit new heights.
Daily briefing: SG banks stocks climb after eased dividend restrictions; Hospitals may be filled if COVID cases increase 'uncontrollably'
And TotalEnergies buys BlueSG EV charging network.
MAS lifts dividend cap on local banks, financial companies
Local financial firms are expected to remain resilient even should the economy slip into a recession again.
DBS provides S$6.2b collateral-free loans to SMEs amidst pandemic
The bank is now allowing small- and medium-sized enterprises to avail the loan digitally.
DBS, MPA complete live bunker delivery financing pilot with digital bunker delivery note
This successful pilot is a first for Singapore, and demonstrates the viability of digitalised bunker financing.
Chart of the day: Inflation expectations stay flat at 2.7%
Singaporeans expect prices for household durables & services to have picked up in the second quarter.
DBS donates 1,000 oxygen concentrators to Indonesia
DBS will partner with the Ministry of Health to deploy the oxygen concentrators.
Market Update: STI up 0.76%
Only 10 firms were on the red when trading closed 13 July.
Chart of the Day: Bank stocks amongst strongest in H1 as locals average 19% of returns
DBS, OCBC, and UOB received net institutional and net proprietary inflows of $1.39b in Q1 and $468m in Q2.
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