Newsroom

News Releases 2003

January  February  March  April  May  June  July  August  September  October  November  December

December

• New POSB Branch Opens In Sengkang (19 December)
  
  
• DBS Lead Financing For Singapore's First Desalination Plant (12 December)
  
  
• Shin Corporation and DBS form Joint Venture to offer Unsecured Loans and Credit Cards in Thailand (11 December)
  
  

November

• DBS launches first-come-first-served tranche for all IPOs (27 November)
  
  
• DBS leads US$36 mln syndicated loan for Ramatex (14 November)
  
  
• DBS launches novel fixed and floating rate mortgage plan
  (7 November)
  
  

October

• DBS third quarter net profit rises 70% to S$291 million; Nine month net profit down 4% on earlier economic weakness (31 October)
  
  
• DBS Thai Danu announces unaudited financial results for third quater ended September 30, 2003 (16 October)
  
  
• DBS and American Express partner to launch new credit card
  (16 October)
  
  
• DBS and Valuair to launch new co-brand credit card and regional processing of online ticket payments (13 October)
  
  
• Strong Demand for S$200m Senoko Power Bond Issue (1 October)
  
  

September

• Term loan for Astro signed (26 September)
  
  
• Frank Wong appointed to DBSH Board of Directors (16 September)
  
  
• DBS completes purchase of DBS Vickers Securities Holdings Pte Ltd (12 September)
  
  
• DBS And Standard Chartered Lead LBO For SingTel Yellow Pages
  Jointly released by DBS Bank and Standard Chartered Bank
  (1 September)
  
  

August

• DBS Offers Easier Terms To Mortgage Customers Affected By CPF Cuts (28 August)
  
  
• DBS Thai Danu Bank To Raise Provisions In Second Half (25 August)
  
  
• DBS appoints new CFO (20 August)
  
  
• Chairman of Infosys Technologies Limited appointed to DBSH Board Of Directors (19 August)
  
  
• DBS Revises Interest Rates For New Home Loans (13 August)
  
  
• Syndicated Loan for Kumpulan Guthrie oversubscribed by 30%
  (6 August)
  
  
• DBS first half 2003 net profit down 13.1% to S$466 million; Operating profit up 3.1% (1 August)
  
  

July

• ExxonMobil Asia Pacific Chairman Appointed To DBSH Board Of Directors (29 July)
  
  
• DBS Bank Hong Kong's Credit Rating Upgraded By Standard & Poor's (21 July)
  
  
• DBS Is First Singapore Bank Approved By People's Bank Of China For QFII Custodian Licence (21 July)
  
  
• DBS' Operations In Hong Kong Legally Merged To Become DBS Bank (Hong Kong) Limited (21 July)
  
  
• The Development Bank Of Singapore Ltd Is Now DBS Bank Ltd
  (21 July)
  
  
• DBS TD Waterhouse Streamlines Operations To Enhance Cost Synergies With DBS Vickers (4 July)
  
  

June

• Ng Kee Choe Steps Down As Director (30 June)
  
  
• Seasoned Journalist To Head Group Communications (6 June)
  
  
• DBS and Singapore Airlines Enter New Rewards Program (5 June)
  
  
• DBS Achieves "Singapore Quality Class" Award For Its Entire Processing & Servicing Operations (2 June)
  
  

May

• DBS Responds To Customers' Wage Squeeze With Mortgage 1-2-3 (29 May)
  
  
• DBS Supports SCCCI's Call To Help SARS-Affected SMEs (13 May)
  
  
• DBS Internet Banking Achieves Another First In The Region (13 May)
  
  
• DBS Divests Holdings In Associated Company Fujitec (9 May)
  
  
• DBS To Officially Align Its Legal Name With Its Brand Name In Third Quarter 2003 (5 May)
  
  

April

• DBS Donates S$100,000 And HK$600,000 As Seed Money For Medical Research on SARS In Singapore And Hong Kong
  (25 April)
  
  
• DBS Opens Up Its E-Banking Services For The Courage Fund
  (23 April)
  
  
• DBS First Quarter 2003 Net Profit Increased 0.4% to S$279 million (21 April)
  
  
• Tommy Koh Steps Down As Director (21 April)
  
  
• Ng Kee Choe To Retire From DBS (21 April)
  
  
• DBS Thai Danu Bank Announces 1Q03 Net Profit Of Baht 98.3 Million, A 64.7% Improvement Over 1Q02 (16 April)
  
  
• DBS Makes Special Banking Arrangements For TTSH And CDC Staff And Patients (9 April)
  
  
• Media Announcement (9 April)
  
  

March

• DBS Confirms No SARS Infected Staff in Singapore (31 March)
  
  
• Media Announcement (28 March)
  
  
• Permanent Secretary Of Ministry Of Transport Appointed To DBSH Board Of Directors (26 March)
  
  
• Media Announcement (26 March)
  
  
• Two New Senior Appointments At DBS Consumer Banking Singapore
  (5 March)
  
  

February

• DBS Full Year 2002 Net Profit up 1.9% to S$1.017 billion
  (21 February)
  
  
• DBS Lowers Prime Rate To 4.25% p.a.(17 February)
  
  
• International Banker Appointed To DBSH Board Of Directors
  (6 February)
  
  

January

• POSB says it will Better or Match the Local Banks' HDB Home Loan Rates (23 January)
  
  
• DBS Asset Management Launches DBS Absolute Return Fund
   (22 January)
  
  
• DBS Custody Top-Rated Once Again In Singapore And Thailand
   (21 January)
  
  
• DBS Thai Danu Bank Announces Full Year Net Profit Of Baht 300.8 Million  (20 January)
  
  
• POSB Extends Its 1.75% p.a. Promotional First Year HDB Home Rate  (10 January)
  
  
• DBS Exercises Call Option To Acquire Remaining Shares In DBS Diamond Holdings Limited  (10 January)
  
  
• Dao Heng Bank's Shenzhen Branch To Offer Renminbi Banking Services  (8 January)
  
  
• POSB Revises Its HDB Home Loan Rates  (3 January)