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News Releases 2005

January  February  March  April  May  June  July  August  September  October  November 

November

• DBS to sell Shenton Way offices for $690 million (30 Nov)
• DBS officially opens newly renovated DBS Treasures Centre and Branch in Raffles Place (28 Nov)
• DBS - First bank to partner Singapore 2006 (18 Nov)
• DBS celebrates 10 years in Shanghai with official opening of relocated branch (14 Nov)

October

• DBS third-quarter GAAP earnings rise 28% to $446 million; earnings largely unchanged from second quarter (28 Oct)
• Dhanabalan to retire as DBS chairman (5 Oct)

September

• DBS launches the Everyday Card to meet everyday needs (29 Sep)

August

• ABF Singapore Bond Index Fund begins trading on SGX-ST (31 August)
• Thailand's first REIT offered to international investors attracts subscriptions and indications of interest 4.7 times offer size (11 August)
• DBS launches Treasures Priority Banking Service in Indonesia (3 August)

July

• DBS Second-Quarter earnings up 28% excluding last year's one-time gains (29 July)
• DBS partners HDFC Bank for online remittances (11 July)

June

• DBS to partner Chennai's Cholamandalam in financial services (16 June)
• DBS appoints Koh Boon Hwee to its Boards of Directors (15 June)

May

• DBS partners BII in strategic alliance for cash management (31 May)
• DBS launches consumer banking in China (25 May)

April

• First-Quarter earnings excluding goodwill fall 30% to $412 million; Decline is 15% using GAAP numbers (29 April)
• SPRING Singapore, IE Singapore and DBS Bank Limited launch new $300 million loan scheme for SMEs (8 April)
• Four DBS directors to retire at April AGM (4 April)
• DBS gets branch licence in New Delhi (3 April)

March

• DBSAM wins $1.3 billion investment mandate from Aviva Limited (23 March)
• DBS appoints Ang Kong Hua to its boards (21 March)

February

• DBS Bank & Standard Chartered Bank launch Inaugural Singapore Dollar Bond for Cathay Pacific Airways (22 February)
• DBS Full-Year 2004 earnings almost double to cross $2 billion mark (18 February)
• DBS names Frank Wong as Chief Operating Officer (18 February)

January

• DBSAM appoints Lau Wing Tat as CO-CIO (31 January)
• DBS and POSB customers donate over $5.5 million to Red Cross Tsumani Fund (25 January)