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
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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.