DBS
DBS launches Gen AI-powered coaching tool for workforce
Singapore-based lender DBS announced Tuesday that it is democratizing coaching for its workforce with the launch of iCoach, a generative AI-powered (Gen AI) platform developed in collaboration with Marshall Goldsmith, one of the world’s top executive coaches.
DBS, UOB fund $413M data center campus by DayOne-INA in Indonesia
As part of ongoing efforts to expand Southeast Asia’s digital infrastructure, DBS and UOB have jointly provided a landmark IDR 6.7 trillion ($413 million) loan facility to finance the development of a new data centre campus in Batam, Indonesia.
MAS collaborates with banks and technology partners on quantum security
The Monetary Authority of Singapore (MAS), DBS, HSBC, OCBC, UOB, SPTel and SpeQtral have on Wednesday signed a Memorandum of Understanding (MoU) to embark on quantum security collaboration and study the application of Quantum Key Distribution (QKD) in financial services.
DBS launches blockchain-powered Treasury Tokens pilot with Ant International for 24/7 treasury and liquidity management
Singaporean bank DBS has announced the pilot launch of DBS Treasury Tokens, a next-generation treasury and liquidity management solution, in collaboration with fintech firm Ant International.
Singapore’s ComfortDelGro secures $73M from DBS to accelerate UK bus fleet decarbonization
Singaporean lender DBS and land transport firm ComfortDelGro Corporation (ComfortDelGro) have on Monday announced an SGD 100 million ($73 million) facility to decarbonize the global operator’s United Kingdom bus fleet.
IFC and DBS launch $500M facility to promote trade flows in emerging markets
The World Bank's member International Finance Corporation (IFC) and Singapore-based lender DBS Bank Limited (DBS) have signed a $500 million facility under IFC’s Global Trade Liquidity Program (GTLP). 20 percent of the facility will be allocated to climate-eligible trade transactions
DBS provides KWAP green loan to expand sustainability footprint in Australia
Development Bank of Singapore (DBS) has provided an AUD 207 million ($137 million) green loan to Malaysia's largest pension fund Retirement Fund (Incorporated) (KWAP) to refinance a Grade A green office tower in Australia.
DBS divests majority stake in AXS to Tower Capital Asia
Singaporean financial firm DBS Bank Ltd (DBS) has on Tuesday announced that it has entered into an agreement to sell a 77.8 percent stake in its payments firm AXS Pte. Ltd. (AXS) to private equity firm Tower Capital Asia.
MAS imposes further additional capital requirement on DBS Bank for disruption of banking services
The Monetary Authority of Singapore (MAS) has imposed on DBS Bank Ltd (DBS Bank) an additional capital requirement, following the widespread unavailability of DBS Bank’s digital banking services on March 29 and a subsequent disruption to its digital banking and automated teller machine (ATM) services on May 5.
