Sources of liquidity
Deposits represent DBS' principal source of funds. Our well-diversified retail deposit base represents a large portion of our funding, but a growing level of deposits has been raised from corporate and institutional clients. DBS may raise funds locally or globally through a variety of instruments, including repurchase agreements and capital securities. Other sources of funding are explored on an ongoing basis eg. the issuance of commercial paper and other debt instruments as well as asset securitisation.
Importance of stress testing
On a weekly basis, we perform stress tests on our liquidity profile to evaluate the accuracy of our projections and our ability to raise funds, even under adverse circumstances.