DBS Bank

Breaking Economic Correlation A major producer of electronics and semiconductors, Singapore’s trade value is more than double its $490 billion economy. Amid trade tensions, not only did the economy contract unexpectedly, exports slumped dramatically

SINGAPORE (June 25): The primary transaction banking customers of United Overseas Bank (UOB) are most satisfied with the bank’s liquidity management solutions in Asia, according to East and Partners’ latest research.

SINGAPORE (June 4): DBS says that digital transactions from its SME customers have increased by 70%, while transaction value has increased by 25%, since the bank launched DBS MAX, Singapore’s first mobile-based QR payment collection solution four months

SINGAPORE (May 29): DBS announced that Chew’s Agriculture, the local egg producer, has signed a 10-year, $27 million sustainability loan with the bank, marking the nation’s first sustainability-linked loan for an SME in Singapore.

SINGAPORE (Apr 8): The Monetary Authority of Singapore says that its supervisory reviews to date have not uncovered any impropriety on the part of DBS when performing its roles as both issue manager and distributor of Hyflux perpetual securities in 2016.

SINGAPORE (Mar 26): OCBC Investment Research remains bullish on Singapore’s banking space while keeping its sector “overweight” with “buy” calls on both DBS and UOB, which have been given fair value estimates of $29.31 and $28.30, respectively.

SINGAPORE (Mar 7): Maybank Kim Eng Research says DBS Bank is its top pick among local banks on the back of its strong low cost deposit franchise.

SINGAPORE (Mar 4): DBS Bank on Monday launched its locally incorporated wholly owned subsidiary, DBS Bank India Limited (DBIL).

SINGAPORE (Feb 28): When it comes to robo-advisers, there are a dime a dozen out there.

SINGAPORE (Feb 19): Jefferies Singapore, OCBC Investment Research and RHB Research are maintaining their “buy” calls on DBS Group while lowering their price targets to $28.50, $29.31 and $28.80, respectively.