DBS

​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.

DBS, Heritas Capital close Asia Impact First Fund with over $20M raised

Singaporean bank DBS and Singaporean investment firm Heritas Capital have on Wednesday announced the successful first close of the Asia Impact First Fund (AIFF) with over $20 million raised.

DBS to apply for crypto licence in Hong Kong – report

When the regulations in Hong Kong are clear, and the bank “understands exactly the framework,” DBS will be one of the lenders interested in participating, said Paredes.

Bitcoin trading volume up 80% at DBS Digital Exchange in 2022

DBS said in a statement that these robust business metrics underscore the trust that investors continue to place in DBS’ digital asset ecosystem in the face of unprecedented volatility in digital asset markets.

DBS becomes first bank in Asia to complete intraday repurchase transaction on a blockchain based network

Singapore-based bank DBS announced Wednesday that it has become the first bank in Asia to complete an intraday repurchase transaction on J.P. Morgan’s intraday repurchase application on Onyx Digital Assets, a blockchain based network which supports instant settlements and maturity of the transactions within hours instead of the current industry norm of one…

DBS Bank launches accelerator in partnership with World Bank, Google Cloud

Singapore-based bank DBS and its global partners on Tuesday launched the second cycle of Sustaintech Xcelerator, a six-month climate-focused hybrid accelerator programme.The programme is organised in partnership with Temasek, GenZero, Google Cloud, the World Bank, Capgemini, and the Centre for Nature-based Climate Solutions at the National University of…