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July 07, 2015 10:59 PM ET


Company Overview of DBS Bank Ltd.

Company Overview

DBS Bank Ltd. provides various commercial banking and financial services. Its Consumer Banking/Wealth Management segment offers a range of banking and related financial services to individual customers. This segment’s products and services include current and savings accounts, fixed deposits, loans and home finance, cards, payments, and investment and insurance products. The company’s Institutional Banking segment provides financial services and products to institutional clients, including bank and non-bank financial institutions, government-linked companies, large corporate, and small and medium-sized businesses. This segment offers various products and services, such as short term working ...

12 Marina Boulevard

Marina Bay Financial Centre

Tower 3

Singapore,  018982


Founded in 1968


65 6878 8888

Key Executives for DBS Bank Ltd.

Chief Executive Officer, Director, Member of Board Executive Committee, Chief Executive Officer of DBS Group Holdings and Director of DBS Group Holdings
Age: 55
Chief Financial Officer
Age: 54
Chief Technology Officer, Head of Group Technology & Operations and Managing Director
Chief Executive of DBS Bank (Hong Kong) Ltd
Age: 54
Chief Executive Officer of DBS Bank (China) Limited
Compensation as of Fiscal Year 2015.

DBS Bank Ltd. Key Developments

DBS Bank Receives Regulatory Approval to Operate in Australia

DBS Bank has received regulatory approval to carry out banking activities in Australia, expanding its presence to 18 markets around the world. The licence allows DBS to conduct institutional banking activities. The bank's first branch, in Sydney, will commence operations later this month. It is headed by DBS Australia Country Head Helen Yap. With the new branch, DBS will be able to better support Australian companies looking to expand in Asia. DBS will also support Asian and international companies looking to expand in Australia, by providing them with corporate finance, trade finance, cash management and treasury solutions.

DBS Bank Plans to Launch Operations in India

DBS Bank has announced a plan to launch operations in India. The bank has applied to the Reserve Bank of India to start subsidiary operations in the country. If approved, the bank will be able to provide banking services to small and medium enterprises and consumers in India.

DBS Bank Ltd. Announces Preferential Dividend, Payable on May 22, 2015

DBS Bank Ltd. announced that notice is hereby given that the Share Transfer Books and Register of Preference Shareholders will be closed on 14 May 2015. Duly completed transfers received by the Company's Registrar, Tricor Barbinder Share Registration Services (a division of Tricor Singapore Pte Ltd) will be registered to determine Preference Shareholders' entitlement to a non-cumulative preferential dividend at a fixed rate of 4.7% per annum on the Liquidation Preference of each Preference Share, calculated on the basis of 181 days from (and including) 22 November 2014 to (but excluding) 22 May 2015 (being the relevant dividend period). In respect of Preference Shares in securities accounts with The Central Depository (Pte) Limited ("CDP"), the preferential dividend will be paid by the Company to CDP which will, in turn, distribute the dividend entitlements to the Preference Shareholders. The preferential dividend will be paid on 22 May 2015.

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