DBS Bank

Fintech

DBS, Xero launch industry-first online payments solution for SMEs

SINGAPORE (Jan 23): Like many small and medium enterprises (SMEs) owners in Singapore, Keyis Ng, CEO and co-founder of specialty coffee start-up Cafebond.com, finds himself bogged down tedious administrative processes when it comes to tracking bill paymen

DBS launches 15-year regional general insurance distribution partnership with Chubb

SINGAPORE (Jan 2): DBS Bank and Chubb, the world’s largest publicly-traded property & casualty insurance company, have launched a 15-year regional general insurance distribution partnership agreement in Singapore, Hong Kong, China and Taiwan.

Broker's Calls

Digital transformation to feed DBS' growth

SINGAPORE (Nov 22): UOB Kay Hian is maintaining its “buy” call on DBS Group Holdings with a higher target price of $26.10 as the bank embarks on a digital transformation in mindset and culture.

Careers & Training

DBS and Amazon Web Services collaborate to deepen cloud engineering talent pool

SINGAPORE (Nov 21): DBS Bank says it is collaborating with Amazon Web Services (AWS) to further strengthen its technology talent pool by training them in cloud engineering skills, enabling its employees to rapidly innovate, build and deliver new products

Careers & Training

DBS is first to equip 1,500 employees with new skills to be future-ready

SINGAPORE (Oct 31): DBS bank will proactively re-skill 1,500 employees in the next 18 months under its Professional Conversion Programme (DBS PCP).

Fintech

MAS-led consortium develops 3 software prototypes for inter-bank payments using blockchain

SINGAPORE (Oct 5): A consortium led by the Monetary Authority of Singapore (MAS) and The Association of Banks in Singapore (ABS) announced Thursday that it has successfully developed software prototypes of three different models for decentralised interban

IPO

APAC Realty says strong interest received for international placement & IPO

SINGAPORE (Sept 28): APAC Realty says it has received strong indicative interest for both its international placement and initial public offering (IPO), where 44.5 million and 4.4 million shares, respectively, were being offered at 66 cents per share.

Singapore banks ranked top 5 world’s safest by Global Finance

SINGAPORE (Sept 14): Singapore’s three biggest banks made it to the top 5 of the World’s 50 Safest Commercial Banks again, each moving one position higher from the previous year.

Tech

Netflix rival iflix gets $181 mil boost with new investors including EDBI

SINGAPORE (Aug 8): Malaysian streaming provider iflix today announced the completion of a US$133 million ($181 million) funding round, which brings its total funding raised in the current year to an excess of US$220 million.

Broker's Calls

Challenges remain for DBS in spite of healthy outlook

SINGAPORE (Aug 4): OCBC Research is maintaining its “hold” rating on DBS with a higher fair value estimate of $22.50 after the bank this morning announced net 2Q earnings which came in slightly below market expectations, based on Bloomberg data.
×