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DBS Bank
Environmental, Social and Governance
Keppel launches Sustainability-Linked Financing Framework; secures credit facilities with DBS and UOB of $500 mil each
The sustainability-linked revolving credit facilities have preferential interest margins tied to Keppel's sustainability targets.
January 23, 2024
Company in the news
Seatrium subsidiary secures $500 mil revolving credit facility from DBS, HSBC and Standard Chartered
The loan facility will provide additional funding and liquidity to Seatrium, increasing its financial flexibility.
December 29, 2023
Company in the news
Seatrium subsidiary secures $400 mil early refinancing from DBS, with possible sustainability-linked conversion
The three-year committed loan facility includes a “sustainability-linked conversion option”.
December 28, 2023
Sustainability
H&M partners DBS Bank to fund fashion suppliers’ decarbonisation efforts
The green loan programme is different from that of traditional banking solutions as it provides direct financing.
November 28, 2023
REITs
Starhill Global REIT obtains its first sustainability-linked facility of $50 mil
The REIT has entered into a facility agreement with DBS for a five-year unsecured sustainability-linked multicurrency facility.
November 21, 2023
Fintech
UBS, DBS and SBI execute world first live repurchase transaction of natively-issued digital bond on public blockchain
This is part of MAS’s Project Guardian, a government-industry partnership to test the feasibility of asset tokenisation.
November 15, 2023
Zest
Singapore says 2.5 mil transactions failed in DBS, Citi outage
Up to 810,000 attempts to access both digital banking platforms were estimated to have failed during the Oct 14 disruption
November 06, 2023
Zest
MAS prohibits DBS from acquiring new business ventures for six months following repeated services disruptions
DBS will also be setting aside a special budget of $80 million to enhance system resiliency.
November 01, 2023
Zest
Singapore set to direct DBS to fix 'unacceptable' online outages
“The frequency of outages is unacceptable, the slowness in recoverability is unacceptable,” says MAS's Ravi Menon.
November 01, 2023
Zest
MAS instructs DBS and Citibank to conduct thorough investigation after service disruptions
MAS adds that it will take the “appropriate supervisory actions” on the banks after gathering the necessary facts on the outage.
October 19, 2023