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Topic: DBS Bank

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	DBS Bank - Wikipedia, the free encyclopedia
		DBS Bank Limited SGX: D05 (Simplified Chinese: 星展银行有限公司; pinyin: Xīngzhǎn Yínháng Yǒuxìan Gōngsī) is a bank incorporated in Singapore.
		DBS Bank is the largest bank in South East Asia by assets and among the larger banks in Asia.
		The bank obtained a license from the Reserve Bank of India for a branch in New Delhi.
	en.wikipedia.org /wiki/DBS_Bank (1916 words)

	DBS Bank to ramp up India operations
		DBS India chief executive officer Pranam Wahi said the total headcount for DBS in India will double to over 120 by the end of the year from 62 at present.
		DBS Bank plans to extend the reach of the New Delhi branch to service small and medium enterprises, corporate and institutional clients in neighbouring cities such as Ludhiana and Chandigarh.
		DBS Bank was very active in loan syndication in 2004, helping Indian corporates raise $440 million through 13 issues.
	www.rediff.com /money/2005/apr/04dbs.htm (321 words)

	DEVELOPMENT BANK OF SINGAPORE ----- Siam Future Development Co.,Ltd.
		DBS was incorporated in 1968 with the primary role of providing equity and long-term finance for manufacturing and processing industries that would lay the foundation for the economic development of the fledgling republic.
		Mr Pornsanong said his bank was grateful to DBS for increasing its stake and thereby ensuring Thai Danu's survival.
		DBS has supplied expertise in the automation of Thai Danu's treasury and deposit systems, and is assisting in an overhaul of work processes.
	www.siamfuture.com /WorldInThai/devbank.asp (1106 words)

	AirAsia MasterCard
		DBS Bank shall not be responsible for the goods or services purchased under any transaction or the quality or the performance of such goods and services.
		DBS Bank shall not be responsible for the content or accuracy of the promotional materials which DBS Bank distributes on behalf of Partner Merchants.
		DBS Bank is entitled, for any reason and at any time, without liability or prior notice, to suspend the calculation or accrual of DBS Loyalty Dollars, to rectify any errors in the calculation, or otherwise adjust such calculation.
	www.airasia.com /creditcard/sg/terms.shtm (2046 words)

	Murugappa Group \| Media centre \| Releases \| Cholamandalam topartner Singapore's DBS Bank in financial services (Site not responding. Last check: 2007-11-02)
		DBS Bank and the Murugappa Group will be equal shareholders in CIFCL, one of India's largest domestically-owned Non Bank Financial Companies.
		DBS is the largest bank in Singapore and the fifth largest banking group in Hong Kong with total assets of S$175.5 billion.
		The Bank's credit ratings are one of the highest among banks competing in the Asia-Pacific region, and the highest among banks in Singapore.
	www.murugappa.com /0_media_centre/releases/200506june/20050616_dbs.htm (1162 words)

	CNN.com - Worst over for DBS, says Paillart - February 18, 2002
		DBS chief executive Philippe Paillart told CNN Tuesday that there had been big changes in the bank, and the "worst is now behind us".
		Noting that DBS needed to have scale, Paillart said it was now the only regional bank with a substantial presence in both Singapore and Hong Kong.
		DBS termed its acquisition of Dao Heng Bank a "transforming transaction" that positioned DBS as the fourth largest banking group in Hong Kong.
	archives.cnn.com /2002/BUSINESS/asia/02/18/singapore.dbs.biz/index.html (441 words)

	The Hindu : Business : Singapore's DBS Bank to expand operations in India
		DBS Bank, Singapore's flagship on the Asian scene of financial services, is enthusiastic about expanding its banking business in India.
		Outlining the expanding profile of DBS in the Indian banking segments that cater mainly to corporate entities and small-and-medium enterprises (SME), Mr.
		Raju said, "DBS is an Asian bank in an Asian time-zone, run by Asians,'' with the prime areas of operation being the Singapore-ASEAN (Association of South East Asian Nations) sector, the Hong Kong-Greater China region and the Indian zone.
	www.hindu.com /2005/04/10/stories/2005041000831300.htm (557 words)

	DBS Presents a Smarter Way to Save through Russell Programme: Called Eight, it Offers Built-in Global Diversification ...
		The programme provides DBS Bank's broad deposit base of customers with a built-in investment strategy to help them achieve their dreams according to their life stage needs.
		DBS' customer feedback channel identified the need for a programme that would provide new savings and investment advantages, and Russell is excited to help DBS introduce this unique programme to their customers," said Len Brennan, Managing Director, Individual Investment Services, Frank Russell Company.
		DBS Bank is the largest banking group in Southeast Asia and is ranked among the top 100 banks in the world.
	www.russell.com /WW/Press_Releases/PR20000201_AU_p.asp (876 words)

	DBS - Wikipedia, the free encyclopedia
		Aston Martin DBS – an automobile model of the Aston Martin brand
		Aston Martin DBS V12 – an automobile model of the Aston Martin brand
		DBS Bank – the largest bank in South East Asia, based in Singapore
	en.wikipedia.org /wiki/DBS (191 words)

	The Bank of New York: 2003 Archive
		Development Bank of Singapore (DBS Bank) is the largest bank in Singapore as measured by assets, with dominant positions in consumer banking, treasury and markets, securities brokerage, Singapore dollar loans, deposits, and equity and debt fund raising.
		Through its Dao Heng Bank and DBS Kwong On Bank operations, DBS Bank is the fourth largest banking group in Hong Kong.
		DBS Asset Management (DBSAM) is one of the largest and most experienced investment management organizations in Singapore and South East Asia, managing over S$6 billion (approx.
	www.bankofny.com /htmlpages/npr_2003_1386_4339303837453530313144393442333342304546354144443045353441354433.htm (1053 words)

	Microsoft Asia Case Studies: DBS Bank (Site not responding. Last check: 2007-11-02)
		DBS Bank, Singapore's largest bank, is answering that question with a productivity solution using the Microsoft Office System, making the software an indelible part of everyday workflow.
		Banking is an extremely knowledge-intensive industry, and international growth forces individuals and teams to work across expanding distances while managing an increasing flood of information.
		DBS needs software tools that can enable its staff to work effectively across borders, harness a flood of information and turn it into better customer service, new products, and other initiatives that could be rolled out regionally.
	www.microsoft.com /asia/case/casedetail.asp?casestudyid=15182 (1536 words)

	SAS...The Power to Know
		In the current harsh reality of the banking industry in Hong Kong, banks are facing challenges like: global competition, a rising trend of mergers and acquisitions, an increasing need for cost reduction and a heightened demand by customers for more personalized services.
		Like other industries, banks have a lot of data about their customers' banking habits or product usage, which could even be identifiable at an individual level.
		The largest bank in Singapore and one of the top five banking groups in Hong Kong as measured by assets, DBS has dominant positions in consumer banking, treasury and markets, securities brokerage, equity and debt fund raising.
	www.sas.com /offices/asiapacific/hongkong/successful_story/dbs.html (1165 words)

	DBS Bank to pick 37.5% in Chola Fin for Rs 228cr- The Economic Times (Site not responding. Last check: 2007-11-02)
		DBS Bank is buying equity shares of Cholamandalam at Rs 150 per share from the Murugappa Group's flagship, Tube Investments (15.1%), public shareholders (20%) through an open offer and subscribing to a preferential allotment of 3m shares.
		DBS Bank already has banking operations in India with a branch in Mumbai and has secured a branch licence in New Delhi.
		DBS is the largest bank in Singapore and the fifth largest banking group in Hong Kong with total assets of $175.5bn.
	economictimes.indiatimes.com /articleshow/1144390.cms (536 words)

	Asia Times: Singapore prepares to free up SingTel, DBS Bank
		For DBS Bank, the government would ensure that the "Singaporean character" of the bank was preserved with any divestment, Lee said, adding that the Banking Act and Monetary Authority of Singapore (MAS) regulations would ensure that local banks retained their commitment to Singapore even if they formed strategic linkages or mergers with foreign partners.
		Currently, MAS approval is needed for a single shareholding that exceeds thresholds of 5 percent, 12 percent and 20 percent in a local bank and half of the board of directors must comprise Singapore citizens or permanent residents.
		SingTel and DBS Bank, he said, had encountered problems in regional ventures because of perception that the GLCs were controlled by the Singapore government "operating on an agenda that overrides normal commercial consideration".
	www.atimes.com /se-asia/CC15Ae04.html (473 words)

	The Raw Story \| DBS Bank aiming to expand in Asia
		Singapore- DBS Bank is aiming to expand in other Asian nations, while relying less on Singapore for future earnings, executives said in a published report Thursday.
		While DBS is not forsaking its business in the city-state, chief executive Jackson Tai said the strategy seeks to raise DBS' image to a bank that "embraces the best of Asia's past to inspire and shape the future."
		DBS' main overseas investment was its 2001 acquisition of Hong Kong's Dao Heng Bank.
	rawstory.com /news/2006/DBS_Bank_aiming_to_expand_in_Asia_09062006.html (186 words)

	News @ Cisco: DBS Deploys Latest And Best-In-Class Network with Technology from Cisco Systems
		DBS was the first bank to introduce Internet banking in Singapore in 1997, with an innovative security solution and, in 1999, was the first bank to introduce the Internet Kiosk.
		DBS Group Holdings is the holding company for the largest banking group in Southeast Asia.
		Its flagship DBS Bank in Singapore is ranked among the top banks in Asia, the 70th largest in the world, a recognized leader in Internet banking and e-commerce and the market leader in Singapore-dollar loans and deposits.
	newsroom.cisco.com /dlls/fspnisapic8b8.html (1016 words)

	Singapore’s DBS Bank receives license to operate in DIFC (Site not responding. Last check: 2007-11-02)
		DBS Bank, the largest bank in Singapore and fifth largest banking group in Hong Kong, has announced that it received approval from the Dubai Financial Services Authority (DFSA) to open its first branch at the Dubai International Financial Centre (DIFC).
		DBS Bank is currently operating out of the DIFC’s Business Centre, and is expected to open its flagship branch within the DIFC in May.
		John Baggerman, General Manager of DBS Bank’s Dubai branch said, “Dubai is fast establishing itself as an important market for the international banking industry, and we are delighted to have received this license from the DFSA.
	www.strategiy.com /bankingnew.asp?id=20060402093538 (744 words)

	[No title]
		Malaysia Banks to be rated to improve standardsBanks will be rated on their customer service in a bid to push them to improve their standards and boost competitiveness.
		DBS now owns 100% of Dao Heng Bank Group Limited By exercising its call option to acquire the remaining shares in DBS Diamond Holdings Ltd [DDH], Dao Heng Bank is now a 100% subsidiary of DBS Bank.
		DBS will continue to be responsible for IT services such as IT strategy and architecture, IT security and strategic projects.
	www.aseanbankers.org /_private/archives/Rupdate.doc (2009 words)

	DBS Bank (Site not responding. Last check: 2007-11-02)
		DBS Bank is the Presenting Partner for Singapore 2006 Diaspora
		DBS is the largest bank in Singapore and the fifth largest in Hong Kong, with leading positions in consumer banking, treasury and markets, asset management, securities brokerage, equity and debt fund raising.
		With one of the highest credit ratings in the region, DBS is ready to serve customers in 15 markets as a bank that specialises in Asia.
	www.dbs.com /home (84 words)

	Murugappa Group \| Media centre \| Releases \| Cholamandalam DBS celebrates start of Retail Finance (Site not responding. Last check: 2007-11-02)
		The Murugappa Group and DBS Bank each hold 37.48 per cent of the equity in the joint venture company; the remaining 25.04 per cent is with the public.
		DBS acquired 20 per cent of its stake from the public through an open offer and the remaining 17.48 per cent from Tube Investments of India Ltd (TI) through a share purchase agreement after obtaining the regulatory approvals.
		This joint venture with DBS Bank marks the beginning of a new and exciting phase of growth for the company.
	www.murugappa.com /0_media_centre/releases/200601Jan/20060127_chola.htm (787 words)

	Cholamandalam - Chola MF declares dividend in Chola Midcap Fund, Chola Multi-Cap Fund, Cholamandalam Growth Fund
		The Murugappa Group and DBS Bank each hold 37.48% of the equity in the joint venture company; the remaining 25.04% is with the public.
		DBS acquired 20% of its stake from the public through an open offer and the remaining 17.48% from Tube Investments of India Ltd (TI) through a share purchase agreement after obtaining the regulatory approvals.
		The largest bank in Singapore and the fifth largest banking group in Hong Kong as measured by assets, DBS has leading positions in consumer banking,treasury and markets, asset management, securities brokerage, equity and debt fund raising.
	www.cholamandalam.com /chola_DBS_retail_finance_launch.asp (768 words)

	CNN.com - DBS downplays CEO resume gaffe - August 16, 2001
		The bank at the end of July apologized for slamming a rival bank and its target, Singapore's Overseas Union Bank, in a failed takeover.
		DBS blamed its investment bank, Goldman Sachs, for publishing negative comments about a rival offer for OUB from United Overseas Bank.
		He has led DBS, which is 37 percent owned by the Singaporean government, on a spending spree snapping up banks throughout Asia.
	archives.cnn.com /2001/BUSINESS/asia/08/16/singapore.dbs/index.html (564 words)

	POSB: Banking on emotion - cvommentary about DBS bank's decision to retain the POSB brand name
		Like people with high EQ, the bank's management is now humble enough to admit that it had made some mistakes in the past, one of the biggest of which was to take the advice of its US-based consultants to drop the POSB name when the two banks merged.
		It is the bank of young children and old folks, the bank of the poor that is not ignored by the rich.
		DBS executives still try to explain the policy change in terms of logic and bottom lines, saying that each brand name has its value.
	www.richardseah.com /news/posb.html (634 words)

	DBS Bank Selects Eontec for Next Generation Internet Banking Service Business Wire - Find Articles (Site not responding. Last check: 2007-11-02)
		DBS Bank was the first bank in Singapore to offer Internet Banking services as early as 1997.
		DBS Internet Banking is today one of the most widely used channels as customers embrace the convenience of online banking.
		The largest bank in Singapore and one of the top five in Hong Kong as measured by assets, DBS has dominant positions in consumer banking, treasury and markets, securities brokerage, equity and debt fund raising.
	www.findarticles.com /p/articles/mi_m0EIN/is_2003_Nov_27/ai_110614006 (832 words)

	CNN.com - UOB shares falter after $5.7 billion bid - July 2, 2001
		DBS has just won approval from the Hong Kong Monetary Authority for its $5.4 billion takeover of Dao Heng Bank, making DBS the fourth largest bank in Hong Kong.
		DBS said on Friday after the UOB announcement that it was "carefully studying the bid".
		Singapore is in the midst of bank consolidation, considered a must by the Monetary Authority of Singapore as the market opens to foreign competitors.
	edition.cnn.com /2001/BUSINESS/asia/07/02/singapore.banks.biz/index.html (412 words)

	DBS Bank Improves Business Agility With TIBCO Software Inc.
		DBS plans to build services that wrap the bank's major applications so it can quickly and cost- effectively reproduce distinct versions of its customer-facing applications.
		The largest bank in Singapore and one of the top five in Hong Kong as measured by assets, DBS has dominant positions in consumer banking, treasury and markets, asset management, securities brokerage, equity and debt fund raising.
		More information about DBS Group Holdings and DBS Bank can be obtained from our website http://www.dbs.com.
	www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/07-14-2004/0002209834&EDATE= (625 words)

	CNN.com - DBS slips on on takeover concerns - June 25, 2001
		The OCBC move on Keppel Capital was the first proposed merger in what could be a wave of bank consolidations in the small domestic market of Singapore, which has a population of only 4 million.
		DBS, which is also in the throes of a S$10.5 billion takeover of Hong Kong's Dao Heng Bank, has offered S$9.50 for each OUB share based on a ratio of 0.61 of a DBS share plus S$1.14 in cash.
		Investment banking sources said the focus was now on when United Overseas Bank (UOB) would make a counter bid for either of the local banks under siege.
	edition.cnn.com /2001/BUSINESS/asia/06/25/singapore.dbs.biz/index.html (467 words)

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