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DBS Group Holdings (DBS)
Special Feature
Committed to delivering value to stakeholders
DBS remains committed to delivering value to stakeholders and customers
November 23, 2023
Singapore Fintech Festival 2023
Banking’s balancing act with technology
The banks continue to invest in new technologies, with plans to adopt AI and machine learning as part of their digital strategies.
November 09, 2023
Broker's Calls
Analysts mixed on DBS’s prospects with 'sell', 'neutral' and 'buy' calls after 3QFY2023 results
The analysts' target prices range from $29 to $44.28.
November 09, 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
Results
DBS reports 3QFY2023 net profit of $2.63 bil; 9MFY2023 net profit of $7.89 bil at new high
An interim quarterly dividend of 48 cents was declared for the 3QFY2023.
November 06, 2023
Broker's Calls
RHB lowers DBS’s TP while Citi notes positives and negatives from MAS’s response to DBS downturn
DBS is slated to release its 3QFY2023 ended Sept 30 results on Nov 6.
November 03, 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
Insider moves
DBS Bank acquires 750,000 units in MLT for $1.51 apiece
Following the acquisition, DBS’s stake in MLT rose to 0.8596%.
October 26, 2023
Zest
DBS’s PayLah! down for some users earlier this morning
As at 11.40am, services for PayLah! returned to normal.
October 20, 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