Bank DBS Indonesia extends list of accomplishments, wins prestigious national and international awards | Bahasa
Indonesia.28 Aug 2020.3 min read
International Foreign Exchange Bank of the Year in Indonesia at Wholesale Award 2020 held by Asian Banking and Finance
Recognition at various awarding events held by Warta Ekonomi
Winner of severals awards at Awards for Excellence 2020 in Asia held by Euromoney
Indonesia, 28 Aug 2020 - Despite the Covid-19 pandemic, Bank DBS Indonesia is still able to maintain its existence as represented by a host of national and international awards the bank won in the second half of 2020. The achievements confirmed the recognition of Bank DBS Indonesia’s ability to adapt quickly to and seize opportunity in the midst of disruption. Under the tagline “Live more, Bank less”, Bank DBS Indonesia is committed to providing a complete, easy, practical and seamless banking experience to customers everywhere.
Paulus Sutisna, President Director of PT Bank DBS Indonesia, said, "We are honoured to receive these awards and to be recognised nationally and internationally. These achievements are only possible thanks to the contribution of our entire team in various aspects, from optimising the work culture to improving the quality of infrastructure in the face of the pandemic, turning challenges into opportunities that allow us to quickly adapt to the new normal."
Being a bank driven by sustainable goals is the DNA of Bank DBS Indonesia, and the achievements are a real manifestation of the bank’s transformation to bring innovations to the market.
The awards received by the bank were the Indonesia Foreign Exchange Bank of the Year from Asian Banking and Finance and several awards from Warta Ekonomi, including the "HEALTHY" predicate in the BUKU 3 category with assets of IDR50 trillion-IDR100 trillion at Best Bank Award 2020; Popular Foundation for News Activity Strategy at Indonesia Public Relations Award (IPRA) 2020; and Best Leader for Business Sustainability Through Corporate Development Initiative for Stakeholders Engagement in the category of BUKU 3 International Banks at Indonesia Financial Top Leader Award 2020.
Indonesia International Foreign Exchange Bank of the Year from Asian Banking and Finance
Bank DBS Indonesia was named Indonesia International Foreign Exchange Bank of the Year at Wholesale Banking Awards 2020 held by Asia’s leading financial and banking magazine Asian Banking and Finance (ABF).
ABF Wholesale Banking Awards, which was in its ninth year, honoured banks for their ability to overcome challenges and for taking banking initiatives that can have tremendous impacts on the banking industry in terms of programmes, deals, services and wholesale banking or corporate banking products.
ABF Wholesale Banking Awards evaluates programmes based on three criteria, namely Uniqueness & Innovation, Effectiveness & Impact, and Flexibility in responding to changes. Through the Mayfair Project, Bank DBS Indonesia is deemed capable of providing a variety of banking products and services ranging from loan facilities to cash management and hedging products effectively. The banking services demonstrate Bank DBS Indonesia's ability to provide one-stop integrated service solution (one stop banking service solution) for its corporate customers.
More than 100 banks with outstanding performance from 30 countries in Asia were named winners of the Wholesale, Retail and Corporate & Investment Banking Awards.
Recognition of institution, foundation and leader from Warta Ekonomi
Economic and business magazine and news portal Warta Ekonomi gave awards not only to Bank DBS Indonesia as a financial institution but also to DBS Foundation, which is part of DBS Bank, and Paulus Sutisna, the president of Bank DBS Indonesia. The awards were presented by Indonesia Public Relations Award (IPRA) 2020, Indonesia Financial Top Leader Award 2020 and Indonesia Best Bank Award 2020, which were held sequentially.
Bank DBS Indonesia received the “HEALTHY” predicate in the category of BUKU 3 Banks with Assets of IDR50 Trillion-IDR100 trillion at Indonesia Best Bank Awards 2020. The Warta Ekonomi research team gave special acknowledgement to Bank DBS Indonesia’s health based on an assessment using the Risk-Based Bank Rating (RBBR) approach based on five variables, namely Risk Profile, Good Corporate Governance, Earnings, Capital and Intermediation Performance, each with a weight of 25%, 20%, 30%, 15% and 10%, respectively.
In addition to Indonesia Best Bank Award 2020, DBS Foundation also received The Popular Foundation for News Activity Strategy award at Indonesia Public Relations Award (IPRA) 2020 for its commitment to building a more inclusive society and its focus on promoting social entreprise as well as continuously carrying out public relations role and function to create positive news and a good image. Furthermore, the head of Bank DBS Indonesia, Paulus Sutisna, was recognised by Warta Ekonomi as the Best Leader For Business Sustainability Through Corporate Development Initiative for Stakeholders Engagement in the category of BUKU 3 International Banks at Indonesia Financial Top Leader Award 2020. The award further confirmed Bank DBS Indonesia’s efforts as a financial institution that is committed to carrying out sustainable and responsible business and banking practices, as demonstrated by Paul Sutisna's leadership and role that has made it happen.
Winner at Awards for Excellence 2020 in Asia from Euromoney
Alongside Bank DBS Indonesia’s accomplishments, DBS Bank won several awards at Awards for Excellence 2020 held by Euromoney. DBS Bank was named Asia’s Best Bank 2020 at Awards for Excellence 2020 in Asia for the second consecutive year. At the same event, DBS Bank won the Excellence in Leadership in Asia award, was named Asia’s Best Bank for Transaction Services, as well as Asia’s Best Bank for Corporate Responsibility.
Established in 1992, the Awards for Excellence is the first award in the global banking industry. It gives more than 50 regional awards and awards for best banks in nearly 100 countries. This year's Awards for Excellence attracted around 1,000 submissions of national and regional programs.
“We are proud to become part of DBS Bank that has once again been recognised as Asia's Best Bank 2020. This achievement confirmed the recognition of DBS Bank’s digital transformation and strength to provide banking services that are accessible to everyone. This is DBS Bank's commitment to realising its vision as the "Best Bank for a Better World" by presenting more than just banking services, doing real things for real people," Paulus concluded.
Paulus Sutisna, President Director of PT Bank DBS Indonesia, said, "We are honoured to receive these awards and to be recognised nationally and internationally. These achievements are only possible thanks to the contribution of our entire team in various aspects, from optimising the work culture to improving the quality of infrastructure in the face of the pandemic, turning challenges into opportunities that allow us to quickly adapt to the new normal."
Being a bank driven by sustainable goals is the DNA of Bank DBS Indonesia, and the achievements are a real manifestation of the bank’s transformation to bring innovations to the market.
The awards received by the bank were the Indonesia Foreign Exchange Bank of the Year from Asian Banking and Finance and several awards from Warta Ekonomi, including the "HEALTHY" predicate in the BUKU 3 category with assets of IDR50 trillion-IDR100 trillion at Best Bank Award 2020; Popular Foundation for News Activity Strategy at Indonesia Public Relations Award (IPRA) 2020; and Best Leader for Business Sustainability Through Corporate Development Initiative for Stakeholders Engagement in the category of BUKU 3 International Banks at Indonesia Financial Top Leader Award 2020.
Indonesia International Foreign Exchange Bank of the Year from Asian Banking and Finance
Bank DBS Indonesia was named Indonesia International Foreign Exchange Bank of the Year at Wholesale Banking Awards 2020 held by Asia’s leading financial and banking magazine Asian Banking and Finance (ABF).
ABF Wholesale Banking Awards, which was in its ninth year, honoured banks for their ability to overcome challenges and for taking banking initiatives that can have tremendous impacts on the banking industry in terms of programmes, deals, services and wholesale banking or corporate banking products.
ABF Wholesale Banking Awards evaluates programmes based on three criteria, namely Uniqueness & Innovation, Effectiveness & Impact, and Flexibility in responding to changes. Through the Mayfair Project, Bank DBS Indonesia is deemed capable of providing a variety of banking products and services ranging from loan facilities to cash management and hedging products effectively. The banking services demonstrate Bank DBS Indonesia's ability to provide one-stop integrated service solution (one stop banking service solution) for its corporate customers.
More than 100 banks with outstanding performance from 30 countries in Asia were named winners of the Wholesale, Retail and Corporate & Investment Banking Awards.
Recognition of institution, foundation and leader from Warta Ekonomi
Economic and business magazine and news portal Warta Ekonomi gave awards not only to Bank DBS Indonesia as a financial institution but also to DBS Foundation, which is part of DBS Bank, and Paulus Sutisna, the president of Bank DBS Indonesia. The awards were presented by Indonesia Public Relations Award (IPRA) 2020, Indonesia Financial Top Leader Award 2020 and Indonesia Best Bank Award 2020, which were held sequentially.
Bank DBS Indonesia received the “HEALTHY” predicate in the category of BUKU 3 Banks with Assets of IDR50 Trillion-IDR100 trillion at Indonesia Best Bank Awards 2020. The Warta Ekonomi research team gave special acknowledgement to Bank DBS Indonesia’s health based on an assessment using the Risk-Based Bank Rating (RBBR) approach based on five variables, namely Risk Profile, Good Corporate Governance, Earnings, Capital and Intermediation Performance, each with a weight of 25%, 20%, 30%, 15% and 10%, respectively.
In addition to Indonesia Best Bank Award 2020, DBS Foundation also received The Popular Foundation for News Activity Strategy award at Indonesia Public Relations Award (IPRA) 2020 for its commitment to building a more inclusive society and its focus on promoting social entreprise as well as continuously carrying out public relations role and function to create positive news and a good image. Furthermore, the head of Bank DBS Indonesia, Paulus Sutisna, was recognised by Warta Ekonomi as the Best Leader For Business Sustainability Through Corporate Development Initiative for Stakeholders Engagement in the category of BUKU 3 International Banks at Indonesia Financial Top Leader Award 2020. The award further confirmed Bank DBS Indonesia’s efforts as a financial institution that is committed to carrying out sustainable and responsible business and banking practices, as demonstrated by Paul Sutisna's leadership and role that has made it happen.
Winner at Awards for Excellence 2020 in Asia from Euromoney
Alongside Bank DBS Indonesia’s accomplishments, DBS Bank won several awards at Awards for Excellence 2020 held by Euromoney. DBS Bank was named Asia’s Best Bank 2020 at Awards for Excellence 2020 in Asia for the second consecutive year. At the same event, DBS Bank won the Excellence in Leadership in Asia award, was named Asia’s Best Bank for Transaction Services, as well as Asia’s Best Bank for Corporate Responsibility.
Established in 1992, the Awards for Excellence is the first award in the global banking industry. It gives more than 50 regional awards and awards for best banks in nearly 100 countries. This year's Awards for Excellence attracted around 1,000 submissions of national and regional programs.
“We are proud to become part of DBS Bank that has once again been recognised as Asia's Best Bank 2020. This achievement confirmed the recognition of DBS Bank’s digital transformation and strength to provide banking services that are accessible to everyone. This is DBS Bank's commitment to realising its vision as the "Best Bank for a Better World" by presenting more than just banking services, doing real things for real people," Paulus concluded.
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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. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 11 consecutive years from 2009 to 2019.
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. The bank acknowledges the passion, commitment and can-do spirit in all our 29,000 staff, representing over 40 nationalities. For more information, please visit www.dbs.com.
