PT Bank DBS Indonesia is proud to announce its membership in Electric Mobility Ecosystem Association (Asosiasi Ekosistem Mobilitas Listrik/AEML), becoming the first and only bank to join this group of industry leaders from across the electric vehicle (EV) supply chain. This strategic partnership underscores Bank DBS Indonesia’s commitment to driving sustainable finance and supporting the rapid growth of the EV sector.

AEML comprises key players from the entire EV ecosystem, including manufacturers, suppliers, energy providers, and technology innovators. As the first financial institution to join, Bank DBS Indonesia brings a crucial perspective to the table, emphasizing the importance of accessible and innovative financing solutions to accelerate the adoption and success of electric vehicles globally.

“Our membership in AEML represents a significant milestone not only for Bank DBS Indonesia but also for the EV industry at large,” said Executive Director Institutional Banking Group at PT Bank DBS Indonesia Heru Hatman. “We recognize that the transition to electric vehicles is a key component of a sustainable future, and financing plays an integral role in making this transition possible. We are excited to collaborate with industry leaders to develop financial solutions that will drive innovation, lower barriers, and ensure the growth of the EV sector.”

As part of this collaboration, Bank DBS Indonesia, recently awarded as Indonesia’s Best Bank for ESG at Euromoney's Awards for Excellence 2024, will work closely with other members of the association to develop and implement strategies that address the unique financial challenges faced by the EV industry. This includes exploring green financing options, supporting infrastructure projects that are critical to the widespread adoption of electric vehicles, and brainstorming solutions together for challenges EV stakeholders might face.

AEML welcomed Bank DBS Indonesia as a member, recognizing the bank’s leadership in sustainable finance and its track record of supporting environmental, social, and governance (ESG) initiatives. “We are thrilled to have Bank DBS Indonesia join our association. Their expertise in financing and commitment to sustainability will be invaluable as we work together to advance the electric vehicle industry,” said Chairman of AEML Dannif Danusaputro.

With this membership, Bank DBS Indonesia continues to position itself at the forefront of sustainable finance, reinforcing its role as a key enabler in the transition to a low-carbon economy.

About DBS
DBS is a leading financial services group in Asia with a presence in 19 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 Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. 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 15 consecutive years from 2009 to 2023. DBS Indonesia is ranked second in the top as World’s Best Bank in Indonesia for three consecutive years from 2020 to 2022.

Established in 1989 as part of the Singapore-based DBS Group, PT Bank DBS Indonesia (Bank DBS Indonesia) is one of the banks with the longest history in Asia. Currently operating 1 Head Office, 13 Branch Offices, 16 Assistant Offices and 4 Functional Offices and 3,011 active employees in 15 Major Cities in Indonesia, Bank DBS Indonesia provides comprehensive banking services in the corporate, SME and consumer banking segments that focuses on the customer experience to 'Live more, Bank less'. We also see a purpose beyond banking and are committed to supporting our customers, employees and the community towards a sustainable future.

PT Bank DBS Indonesia is licensed and supervised by The Indonesian Financial Services Authority (OJK), and an insured member of Indonesia Deposit Insurance Corporation (LPS).

DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting businesses for impact: enterprises with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping underserved communities with future-ready skills and helping them to build food resilience.

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

Bank DBS Indonesia becomes the first bank to join Electric Mobility Ecosystem Association, pioneering financial support for the growing sector