DBS named most Innovative Investment Bank from Asia-Pacific | 简体
Stefania Palma, Asia Editor of The Banker said, “DBS has demonstrated innovation in its investment banking business by bringing new products and issuers to international capital markets, and by exploring new jurisdictions and currencies through its transactions.”
Despite bouts of uncertainty in the past year, DBS raised USD 2.1 billion in 17 new equity issuances which accounted for 33% of the Singapore equity market. This placed the bank in the top spot for primary issues in 2014. In the debt capital markets space, DBS contributed to the development of the RMB market in Singapore by leading several issuances, including a RMB 4 billion triple-tranche issue for Industrial and Commercial Bank of China. DBS’ successful deal-making has also propelled the bank into a leading position in M&A.
Piyush Gupta, CEO of DBS Bank said, “At DBS, innovation is not limited to the technology we use; it’s embedded in our DNA. It’s reflected in the way we work and the customised solutions we create for our clients. This culture of innovation extends to investment banking, where DBS trailblazed the development of the REIT market in Singapore way back in 2002. Singapore today continues to be the biggest REIT market in Asia ex-Japan. We are honoured to be recognised for bringing pioneering solutions to clients, across the equity, debt and strategic advisory space, and will continue to leverage our understanding of the region and markets to create value for our clients.”
DBS was also named world’s best transaction bank for trade finance services by The Banker, a first for a Singapore bank.
Joy Macknight, Transaction Banking and Technology Editor of The Banker said, “Impressively, DBS edged out a number of global banks to win the trade finance award. The bank achieved sustained growth in trade finance over the past 12 months, despite a complex economic environment with low interest rates, new regulations and political challenges in Asia, as well as the slowdown of the Chinese economy. This year it has developed innovative new trade finance products and structures, as well as strengthened its due diligence process in relation to on-boarding clients.”
John Laurens, Head of Global Transaction Services of DBS Bank said, "One of DBS' strategic priorities is to grow the Global Transaction Services franchise and the business has gone from strength to strength the past few years. We are honoured to be recognised as the best globally in the trade finance industry, and this is a strong validation of how far we've come. The award reflects our commitment to our customers, and we will continue to invest in our people and platforms to intermediate trade flows between Asia and the rest of the world."
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About DBS
DBS - Living, Breathing Asia
DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's capital position, as well as "AA-" and "Aa1" credit ratings, is among the highest in Asia-Pacific. DBS has been recognised for its leadership in the region, having been named “Asia’s Best Bank” by The Banker, a member of the Financial Times group, and “Best Bank in Asia-Pacific” by Global Finance. The bank has also been named “Safest Bank in Asia” by Global Finance for seven consecutive years from 2009 to 2015.
DBS provides a full range of services in consumer, SME and corporate banking activities across Asia. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. These market insights and regional connectivity have helped to drive the bank’s growth as it sets out to be the Asian bank of choice. 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 of our 21,000 staff, representing over 40 nationalities. For more information, please visit www.dbs.com.