DBS Hong Kong stands with the community and supports healthcare workers in fighting against the pandemic

DBS Hong Kong launches a 1:1 matching fund donation program to mobilise the public, including its customers and employees, to join hands to support the hard-hit communities under the pandemic through donations to Feeding Hong Kong and Foodlink Foundation. DBS Hong Kong pledges to match every dollar raised by the public to support the two NGOs in preparing and distributing more food packs to the vulnerable communities affected by the current epidemic situation. Over 20,000 antigen rapid test kits will also be distributed together with the food packs. In addition, DBS credit cardholders will be incentivised by being able to earn double rewards should donations be made with their DBS credit cards via the link(s) below:Feeding Hong Kong: https://feedinghk.org/dbs-fundraising-page/Foodlink Foundation: https://donorbox.org/dbs-foodlink-2-2To show the bank’s support and gratitude for our dedicated healthcare workers in Hong Kong, DBS HK will donate 100,000 soup vouchers, as a gesture of appreciation to all the staff of the Hospital Authority, including the dedicated frontline professionals and backend support staff. What’s more, DBS Hong Kong will also initiate a #ThankYouHKHealthcareHeroes movement on social media to engage the public to cheer for our healthcare heroes.DBS Hong Kong CEO Sebastian Paredes said, “As a purpose-driven bank, we view supporting the Hong Kong community is a top-level priority. To amplify our contributions towards Hong Kong’s anti-epidemic efforts further, we are extending our support to our customers, employees and the community. Through our relief measures, we hope to unite our community and mitigate the impact of the fifth wave of Covid-19. Hong Kong is renowned for its can-do spirit and together we shall overcome the COVID-19 challenge.”In addition to the community contributions, DBS Hong Kong has introduced a series of Covid-relief measures to support individual customers, as well as small and medium-sized enterprises (SMEs) to address their needs and ease the challenges brought by the pandemic.Relief measures to support DBS individual customers

From now until further notice, DBS is offering late credit card fee waivers for DBS Credit Cardholders who are employed in vulnerable industries recently impacted by the outbreak of the pandemic.

From now until 27 March 2022, DBS is offering full handling fee rebates upon successful application for 6-month Flexi Shopping interest-free instalments for tax or insurance payment, supermarket or department store spending categories with DBS Credit Card.

DBS is extending COVID-19 coverage for TravellerShield Insurance, which includes Medical Expenses, Hospital Cash, Emergency Medical Evacuation and/or Repatriation, Trip Cancellation, Trip Curtailment and more.

Please visit our website for more details. Relief measures to support SMEs

DBS Hong Kong fully supports the Pre-approved Principal Payment Holiday Scheme by the Hong Kong Monetary Authority (HKMA). This serves SMEs to address their urgent cashflow needs and relieve financial pressure.

DBS Hong Kong is partnering with Chubb to provide exclusive Covid-19 insurance coverage, including extended compensation for confirmed Covid-19 cases during the course of work and work-from-home extension.

With the unprecedented challenges facing SMEs, from now until 30 June 2022, new SME customers who successfully submit their “DBS Online Account Opening for Business” applications can enjoy rewards up to HK$180,000.

Transaction Fee Waivers

Over HK$100,000 transaction fee waivers, including Telegraphic Transfer, FPS, Autopay/ Payroll, etc.

Minimum Deposit Balance service fee waiver for the first 3 months;

Up to HK$50,000 Guarantee Fee’s Cash Rebate of SME Financing Guarantee Scheme, etc.Please visit our website for more details. [END]About DBS

DBS is a leading financial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.

Recognised for its global leadership, DBS has been named “World’s Best Bank” by Euromoney, “Global Bank of the Year” by The Banker and “Best Bank in the World” by Global Finance. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 13 consecutive years from 2009 to 2021.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.