Newsroom

News Releases 2006

January  February  March  April  May  June  July  August  September  October  December

December

• DBS among first foreign banks to receive approval to incorporate in China (27 Dec)
• DBS Bank receives AAA rating from Rating Agency Malaysia Berhad (19 Dec)

October

• DBS Third-Quarter earnings up 32% to $552 million (27 Oct)
• Filing to SGX: Divestment of stake in Capital OK Company Limited (2 Oct)

September

• ADB launches US$10 Billion Asian Currency Note Programme (14 Sep)
• DBS first in Asia to offer full banking services in airport transit area (12 Sep)

August

• Veteran Hong Kong banker Amy Yip to be DBS Hong Kong CEO on 1 October (29 Aug)
• DBS announces the winner of its Black Card Draw (14 Aug)

July

• DBS second-quarter earnings up 16% to $549 million; first half earnings increase 26% to cross $1 billion (28 Jul)
• DBS Bank Successfully Prices S$500,000,000 Subordinated Notes (3 Jul)

June

• DBS Bank successfully prices benchmark US$900 million floating rate subordinated notes (10 Jun)
• DBS to acquire further 54% stake in island-wide network of AXS stations (9 Jun)
• DBS strengthens its position in China with strategic investment (1 Jun)

May

• DBS avails self-service banking channels for donations to Singapore Red Cross (31 May)
• DBS reaffirms its commitment to growth in China with opening of Shanghai sub-branch (30 May)
• DBS Launches Priority Banking Service In India (8 May)

April

• DBS First-Quarter earnings rise 39% to $518 Million (28 Apr)
• Final ratings assigned to Southeast Asia's first ever rated SME Loan Securitisation (6 Apr)
• DBS, the largest bank in Singapore, receives licence to operate at the DIFC (1 Apr)

March

• DBS makes clean sweep of all country awards by financial magazine (24 Mar)
• DBS remains committed to growing in Asia (23 Mar)
• DBS Bank confirms bid for majority ownership of Korea Exchange Bank (13 Mar)

February

• DBS full year 2005 earnings fall 15% to $1.65 billion excluding one-time gains and goodwill charges (17 Feb)
• DBS appoints Andrew Buxton to its Board of Directors (14 Feb)

January

• Cholamandalam DBS celebrates start of retail finance partnership (27 Jan)