Future Finance

DBS to Combine Digital Banking With Physical Presence, CEO Says

  • Will continue expansion of online banking outside Singapore
  • Open to ‘bolt-on’ acquisitions, Gupta says in interview
DBS Group CEO Gupta on Digital Transformation, AI, Strategy
Lock
This article is for subscribers only.

For Southeast Asia’s largest bank, going digital doesn’t mean tearing down all the bricks and mortar.

“In addition to a fundamentally digital presence, we are beginning to figure you need some points of presence for the time being to create brand credibility and to service the last mile,” DBS Group Holdings Ltd. Chief Executive Officer Piyush Gupta said Thursday.