World's safest banks

DBS is First Bank in Southeast Asia to Join Hedera Governing Council and Run Network Node

Retrieved on: 
Wednesday, October 27, 2021

We look forward to joining our peers on the Hedera Governing Council in exploring further use cases that bring tangible benefits to our stakeholders."

Key Points: 
  • We look forward to joining our peers on the Hedera Governing Council in exploring further use cases that bring tangible benefits to our stakeholders."
  • "We are pleased to bring this relationship to fruition and have DBS join the Hedera Governing Council," said Mance Harmon, CEO of Hedera Hashgraph.
  • Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia.
  • With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities.

Champion REIT Enters Sustainability-Linked Swap with DBS Hong Kong

Retrieved on: 
Wednesday, October 6, 2021

HONG KONG, Oct 6, 2021 - (ACN Newswire) - Champion Real Estate Investment Trust ("Champion REIT" or "Trust") (Stock Code: 2778), owner of Three Garden Road and Langham Place, has entered into an agreement concerning cross-currency swap transaction (the "Swap") with DBS Hong Kong ("DBS").

Key Points: 
  • HONG KONG, Oct 6, 2021 - (ACN Newswire) - Champion Real Estate Investment Trust ("Champion REIT" or "Trust") (Stock Code: 2778), owner of Three Garden Road and Langham Place, has entered into an agreement concerning cross-currency swap transaction (the "Swap") with DBS Hong Kong ("DBS").
  • Champion REIT launches its Women Empowerment Programme - "Champion Mothers" in collaboration with St. James Settlement to support mothers with SEN children
    Champion REIT values sustainable development and is dedicated to promoting diversity and inclusion of the community.
  • Under this sustainability-linked swap, Champion REIT is eligible to receive sponsorship from DBS to support its Women Empowerment Programme - Champion Mothers, provided that Champion REIT can successfully achieve the key performance targets related to women empowerment.
  • Champion REIT secured its first sustainability-linked loan with eight banks, including DBS, in June this year.

Bank DBS Indonesia and Kredivo Increase Joint Financing Limit to US$70m

Retrieved on: 
Tuesday, October 5, 2021

JAKARTA, Indonesiaand CHICAGO, Oct. 5, 2021 /PRNewswire/ --Bank DBS Indonesia (DBS Indonesia) and Kredivo are pleased to announce a joint financing of up to US$70 million to be channeled to customers of Kredivo, the leading digital credit platform for retail borrowers in Indonesia.

Key Points: 
  • JAKARTA, Indonesiaand CHICAGO, Oct. 5, 2021 /PRNewswire/ --Bank DBS Indonesia (DBS Indonesia) and Kredivo are pleased to announce a joint financing of up to US$70 million to be channeled to customers of Kredivo, the leading digital credit platform for retail borrowers in Indonesia.
  • Rudy Tandjung, Consumer Banking Director, Bank DBS Indonesiasaid, "Since the joint financing collaboration between Kredivo and DBS Indonesia took place in September 2020, we have always been committed to always providing the best and innovative services to meet the growing needs of customers, especially in distribution of financing credit to the community.
  • Umang Rustagi, CEO, Kredivo Indonesiasaid, "The shared vision between Kredivo and DBS Indonesia to provide easy, fast, affordable financial services is a strong foundation for this collaboration.
  • This joint financing facility will accelerate growth, expand the services and the credit access to millions of new customers throughout Indonesia.

DBS Bank Named one of the Best Places to Work in Los Angeles!

Retrieved on: 
Friday, August 20, 2021

LOS ANGELES, Aug. 20, 2021 /PRNewswire/ -- Singapore-headquartered DBS Bank has been named one of the Best Places to Work in Los Angeles by the Los Angeles Business Journal (LABJ).

Key Points: 
  • LOS ANGELES, Aug. 20, 2021 /PRNewswire/ -- Singapore-headquartered DBS Bank has been named one of the Best Places to Work in Los Angeles by the Los Angeles Business Journal (LABJ).
  • The Best Places to Work program was created by the Los Angeles Business Journal and Best Companies Group.
  • The 2020 win followed similar honors from Euromoney (World's Best Bank 2019) and The Banker (Global Bank of the Year 2018), marking three years in a row that the bank received a global best bank accolade.
  • Recognized for its global leadership, DBS has been named "World's Best Bank" by Euromoney, "Global Bank of the Year" by The Banker and "Best Bank in the World" by Global Finance.