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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
January 23, 2018
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.
January 02, 2018
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.
November 22, 2017
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
November 21, 2017
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).
October 31, 2017
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
October 05, 2017
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.
September 28, 2017
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.
September 14, 2017
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.
August 08, 2017
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.
August 04, 2017