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Championing Social Entrepreneurship

DBS Foundation

Championing Social Entreprenuership

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Our vision is to shape a better future for Asia. The DBS Foundation focuses on building a more inclusive Asia by championing social entrepreneurship. The Foundation is an endeavor from DBS Bank to make an even greater impact in addressing Asia’s evolving social needs.

Our Objectives

Our Journey

Our Focus

Social enterprises are emerging as the promising “middle” sector between the traditional worlds of government, non-profits and business. They help to address social concerns and play a critical role in solving social problems. Social enterprises seek to be financially sustainable through business models. As social needs become increasingly complex in light of shrinking government budgets and rapidly evolving communities, social enterprises are emerging as self-sustaining businesses with effective methods of meeting social needs.

With commercially sustainable solutions, they provide income, goods and services where they are needed and build up inclusive communities. Such an approach is aligned to the roots of DBS Foundation and DBS Bank as the former development bank of Singapore, and our strengths in serving the SME sector.

DBS Foundation works with social enterprises in Singapore, India, Indonesia, China, Taiwan and Hong Kong. By championing social entrepreneurship, the Foundation focuses on building a more inclusive society so that those at society’s margins can enjoy productive and rewarding lives.

Mainstreaming Social Enterprises

We demonstrate commitment to social enterprises by providing banking solutions tailored to their needs as well as engaging them as our business partners for events and activities.

The DBS Social Enterprise Package presents social enterprises with access to virtually free banking services. Social enterprises can open an account with a zero minimum balance, allowing more flexibility. A business loan component was also added to the banking package, offering unsecured loans to social enterprises at preferential rate, providing the much-needed capital support.

DBS also walks the talk by procuring goods and services from social enterprises and encouraging our employees to volunteer at various SE-related initiatives. Skilled volunteering is another way we make a meaningful difference to social enterprises by helping them with their business strategy and other niche business needs through grey cells of our bank staff.

Through Asia For Good, a first-of-its-kind digital platform, we are connecting to even more people to encourage and empower them to be socially conscious, by simply supporting social enterprises.