DBS commits up to SGD1 billion over next 10 years to step up support for vulnerable communities and catalyse social impact

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Helping them cope with immediate daily needs, such as food and housing;

Giving them the opportunity to break out of the poverty cycle through education;

Equipping them with important life skills such as digital and financial literacy; and

Strengthening their emotional and mental resilience

Surojit Shome, Managing Director and CEO of DBS Bank India^[1]The actual contribution each year, of up to SGD 100 million, will be determined based on the bank’s financial performance in the preceding year.[END]About DBSDBS is a leading financial services group in Asia across 19 markets. DBS is known for its global leadership, being recognised as the “World’s Best Bank” thrice by Global Finance since 2018. DBS was also recognised as the “World’s Best Bank” by Euromoney in 2021 for the second time in three years and “Global Bank of the Year” by The Banker in 2021. The bank is at the forefront of leveraging digital technology to shape the future of banking. It is recognised as the “World’s Best Digital Bank” by Euromoney in 2021 and the world's “Most Innovative in Digital Banking” by The Banker in the same year. Apart from these accolades, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 14 consecutive years from 2009 to 2022. Additionally, DBS Bank was ranked among the top 3 on Forbes' list of the World's Best Banks in India for three consecutive years, from 2020 to 2022. DBS Bank has been present in India for 29 years, opening its first office in Mumbai in 1994. DBS Bank India Limited is the first among the large foreign banks in India to start operating as a wholly owned, locally incorporated subsidiary of a leading global bank. DBS provides a range of banking services for large, medium, and small enterprises and individual consumers in India. In 2016, DBS launched India's first mobile-only bank, digibank. In November 2020, Lakshmi Vilas Bank was merged with DBS Bank India Limited. The bank now has a network of ~530 branches in 19 Indian states. With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. The bank acknowledges the passion, commitment, and can-do spirit of our 36,000+ staff representing over 40 nationalities. For more information, please visit: www.dbs.com/India.

Media Contacts:

DBS Bank India
Rohini Rego
rohinirego@dbs.com
99305 49207

Adfactors PR
Chennakeshav Shenoy
Ck.shenoy@adfactorspr.com
9819266998