During the year, DBS Bank awarded three scholarships with a total value of S$500,000. Since its inception, DBS has awarded more than 100 scholarships totalling S$8.4 million.
DBS also spent a total of S$235,000 in support of the National Council of Social Services' Elderly Programme, the Society for the Physically Disabled's SPD-Hope-DBS Education Programme, and the Singapore Sports Council for the Disabled's Disability Sports 2000 Programme. For our long-time support of the SHARE programme, DBS received the Distinguished Gold Award for the third consecutive year. SHARE contributions from the Bank and employees over the last three years have totalled more than S$500,000. The Bank also participates in the SHARE Executive Programme which 'loans' management to the Community Chest of Singapore for 20 working days each year.
In recognition of our interest and involvement in charitable work, the Community Chest of Singapore awarded DBS Bank the 1998 Outstanding Corporate Citizen Award for Public Sector and Government-Linked Companies.