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DBS launches new online service for SMEs with Xero tie-up
SINGAPORE (Aug 1): DBS has partnered New Zealand cloud accounting platform Xero to launch an API-driven bank feed integration service with the aim of providing the bank’s small medium enterprise (SME) customers a better grasp of their cash flow with
August 01, 2017
Singapore gets to grips with NSFR rules
SINGAPORE (July 17): Singapore's three biggest banks will be required to prioritise long-term funding from next year to ensure they will be stable in extended periods of market stress.
July 17, 2017
MSIG and DBS launch Singapore's first instant travel claims
SINGAPORE (July 5): MSIG Insurance and DBS Bank today launched the republic’s first instant electronic payment service for travel insurance claims.
July 05, 2017
DBS opens financial planning centre offering free advisory services
SINGAPORE (June 30): DBS Bank today launched NAV Hub, a financial planning centre which the bank says is the first to offer free advisory services, with no financial products being sold.
June 30, 2017
Broker's Calls
Lower liability cost could improve Singapore banks’ net interest margins
SINGAPORE (June 14): Maybank Kim Eng Research says it is optimistic that Singapore banks have some scope ahead to improve their liability management, which could result in higher net interest margins (NIMs).
June 14, 2017
Pacific Radiance gets $85 mil lifeline from government-backed schemes
SINGAPORE (June 8): Pacific Radiance announced Thursday that it has been granted $85 million in loans under two government-backed financing schemes to help tide over the prolonged offshore and marine (O&M) industry downturn.
June 08, 2017
Hyflux appoints DBS, China International Capital as financial advisers for Tuaspring plant divestment
SINGAPORE (April 24): Hyflux has appointed DBS Bank and China International Capital Corporation (Singapore) as its financial advisers to evaluate its strategic options relating to the proposed partial divestment of Tuaspring plant.
April 24, 2017
DBS launches 24/7 foreign currency exchange capabilities; first in Southeast Asia
SINGAPORE (April 18): DBS Bank is introducing round the clock currency exchange in 12 major currencies from 3Q this year.
April 18, 2017
Broker's Calls
No turnaround in sight for Nam Cheong: DBS
SINGAPORE (March 1): DBS Bank is maintaining Nam Cheong at “fully valued” with 4 cents target price despite the Malaysian shipbuilder reporting smaller 4Q16 losses compared to a year ago.
March 01, 2017
DBS sells PwC Building for $358 mil
SINGAPORE (Feb 10): DBS Group Holdings’ wholly-owned subsidiary, DBS Bank, has agreed to sell its entire stake in DBS China Square for $358 million in cash.
February 10, 2017