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 named as SEA’s most profitable bank
DBS named as SEA’s most profitable bank
DBS ranked as the 10th largest company in terms of revenue in Fortune’s SEA 500 list.
Singapore stocks book $1b in net retail inflow so far this year
Capital flight from banks was more than offset by large net buying in other stocks.
Singapore’s big banks aim for 96% emissions cut by 2050
DBS, OCBC, and UOB have set S$200b loan portfolio emissions targets.
DBS rolls out program to help SMEs expand abroad
The scheme targets 1,000 local firms and businesses across the region.
STI gains 7% in six weeks, logs highest close since Aug 2023
Net institutional inflow boosted the index.
DBS, UOB, and OCBC lead SG stocks with a $500m net institutional inflow
The trio averaged 15.6% total returns from 1 January to 23 May.
Terrenus Energy secures $300m green loan from DBS-led consortium
The company will use the loan for its solar project.
DBS names Ping An Tech’s Eugene Huang as bank CIO
Huang led a team of 22,000 employees in Ping An to provide IT offerings.
LIST: Most valuable Singaporean brands of 2024
The top company has a brand value of US$11b.
DBS CEO Piyush Gupta sells S$2.69m bank shares
He still holds over 2.715 million shares in DBS.
DBS achieves record-high Q1 profit of S$2.96b
Dividend is SGD 54 cents per share for the quarter.
ComfortDelGro taps DBS to accelerate UK green bus shift
The transportation company purchased 135 electric buses with the green loan.
DBS and OCBC expected to deliver steady Q1 net profits
Their net interest margins will ease as a result of their Hong Kong loans.
DBS, OCBC to see net profits dip, loan growth soften in Q1
“Softer NIM but resilient asset quality.”
Two of the largest banks in Singapore are expected to report a year-on-year (yoy) drop in net profits for the first quarter, although their asset quality will remain resilient according to UOB Kay Hian.
DBS-SMU survey shows mixed inflation views in SG
Four in 10 Singaporeans expect inflation to decline in the next 12 months.
Singapore banks’ interest rates will remain elevated until Q3: analyst
DBS and OCBC are expected to provide dividend yield of 7.4% and 6.5%.
DBS, EnterpriseSG launch programme to help strengthen companies’ sustainability capacity
The programme aims to provide businesses with the knowledge they need to develop their sustainability capacity.