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Building a

sustainable

Advantage

Building a sustainable advantage entails operating a solid franchise in the present, while also investing for the future. In 2023, we fortified our position in Singapore and deepened our presence in key growth markets across Asia. We developed innovative solutions to help our customers achieve their goals in an effective, seamless and secure manner. As a purpose-driven bank, we also continued to advance the sustainability agenda, creating environmental and social impact.


Key Industry Citations Include:

“Being a responsible corporate citizen is a core tenet of who DBS is, with the group having embedded corporate responsibility principles in its group-level sustainability strategy. This year, Euromoney recognises the efforts of DBS to elevate its own corporate responsibility framework and set regional standards for its peers, while influencing its clients and other stakeholders on good governance.”

World’s Best Bank for Corporate Responsibility, Euromoney

“With the rise in inflation and bank runs, bank soundness remains the cornerstone of worldwide commerce during these stressful times. With a strong capital base, Singapore’s DBS has ranked Safest Bank in Asia for the 15th year.”

Safest Bank in Asia, Global Finance

“The Singapore bank has strengthened its proposition to serve under-represented communities and aligned its own lending operations to make an impact. Many new customers view DBS as the embodiment of local commercial banking strength and trust it with their money.”

Asia’s Best Bank for Wealth Management, Euromoney

From our inception as the Development Bank of Singapore, DBS has always been guided by a strong sense of purpose. Our commitment to managing business in a balanced and responsible manner was recognised as DBS received the global award for “World’s Best Bank for Corporate Responsibility” by Euromoney. We were also recognised for our stewardship excellence by Stewardship Asia for the second time. In addition, the Securities Investors Association (Singapore) acknowledged our efforts as a purpose-driven bank with the “Singapore Corporate Sustainability” award.

Helge Muenkel, DBS Chief Sustainability Officer (second from right), receiving the ‘Singapore Corporate Sustainability’ award from Minister for Sustainability and the Environment, Grace Fu.