DBS reports 26% lower net profit for 2020H1, as general allowances of SGD 1.26 billion conservatively set aside

DBS Group reported a net profit of SGD 2.41 billion for the first half of 2020 – 26 per cent lower than a year ago.


DBS collaborates with CPF in industry first, to empower Singaporeans in retirement planning

In a first-of-its-kind collaboration between the Central Provident Fund (CPF) Board and a bank, DBS is introducing a retirement planning...


DBS to pilot SingPass facial verification technology for signing up of banking services

DBS has partnered with the Government Technology Agency of Singapore (GovTech) to pilot the latter’s innovative SingPass Face Verification...


DBS customers can now book and pay for Gojek rides directly through PayLah platform

More than 1.7 million DBS PayLah! users can now book and pay for their Gojek rides directly through the PayLah! platform.


DBS PayLah now allows users to book ComforDelGro taxis

DBS PayLah! users can now book and pay for their ComfortDelGro taxi rides directly and seamlessly an integrated in-app booking function.


DBS named winner of global digital transformation award

DBS has been named the inaugural winner of the Digital Transformation Award in the Hackett Group’s Digital Awards 2020.


3 Indian-origin business leaders named in Emerging Stronger Taskforce

Piyush Gupta, CEO of DBS; Sunny Verghese, co-founder and CEO of Olam; and Caesar Sengupta, VP, Payments and Next Billion Users, Google, are...


DBS enables over 800 merchants on e-Bazaar platform to get paid instantly

DBS is stepping up to allow more than 800 merchants on e-Bazaar platform, BazaarRia, to get paid instantly.


DBS extends enrolment deadline for its free COVID-19 insurance

The move will provide its customers, who have yet to sign up for themselves or their family members, more time to do so.


DBS reports record SGD 6.39 billion profits for 2019

DBS fourth-quarter earnings increased 14 per cent to SGD 1.51 billion.


DBS evacuates employees from MBFC after confirmation of coronavirus case

DBS said that they are conducting detailed contact tracing with all employees and other parties that the infected employee may have come...


DBS named in Bloomberg gender equality index for 3rd year running

In recognition of the bank’s commitment to workplace gender equality, DBS Bank has been named to the Bloomberg Gender-Equality Index (GEI)...


DBS receives social enterprise award from President Halimah

DBS has been named the inaugural winner of the “Social Enterprise Champion of the Year (Corporation)” award at the President’s...


DBS adopts AI-powered screening technology to enhance compliance

As financial criminals grew increasingly sophisticated, DBS Bank has implemented an artificial intelligence (AI) powered solution to fend...


DBS reports record total income at 13% increase in 2019 Q3

DBS reported a strong operating performance in the third quarter of 2019, with its total income increasing 13 per cent to a new high of SGD...


Singaporeans not open to paying more for sustainable fashion: DBS survey

In a new survey by DBS, it was found that seven in ten Singaporeans do not ensure that the clothes they buy are sustainably made and...


DBS ranked safest bank in Asia for 11th year running

For the 11th consecutive year, DBS retained the title of “Safest Bank in Asia”, awarded by New York-based trade publication Global...


Deepavali packets to go digital with DBS QR Gift

From October 1, uniquely designed DBS QR Gift cards will be available to all at DBS/POSB branches across Singapore, subject to availability.


SMU partners DBS to promote sustainability, launch Singapore's first sustainability major

Key programmes of the DBS-SMU Sustainability Initiative include the introduction of Singapore’s first sustainability major, as well as...


DBS to double staff in Dubai to tap wealth of Middle East businessmen and rich NRIs

In order to capitalise on the growing wealth of Middle East businessmen and rich Non-Resident Indians, DBS plans to almost triple its...


NRI banker loses his job over controversial ripped flag Facebook post

Even, as the 11th India-Singapore Strategic Dialogue kicked off today in the Lion City, the controversy over an NRI’s Facebook post...


DBS among 7 Best Employers of Singapore 2018: Aon study

Seven organisations, including DBS Bank, are in the list of Best Employers of Singapore in 2018. To add icing on the cake, DBS Bank has...


DBS posts 20 percent increase in Q2 profits

DBS said it benefited from rising local interest rates and fee income from its expanding wealth management operations.


DBS launches property marketplace, offering listings from both agents and owners

DBS is the first bank in Southeast Asia to launch an online property marketplace that offers listings from both agents and owners.


Singapore-based DBS Bank to start India subsidiary from October

Singapore’s DBS Bank will launch its India subsidiary in October. It will become the second foreign bank to open a local unit.