News Releases 2007

January  February  March  April  May  July  August  September  October  November  December 

December

• DBS declines to subscribe to TMB bank rights issue (24 Dec)
• DBS inks the largest occupancy lease deal in Singapore (12 Dec)

November

• DBS welcomes certainty regarding TMB Bank's recapitalisation (09 Nov)

October

• DBS third quarter earnings up 17% to SGD 648 million before one-time items (26 Oct)
• DBS' JV with Changsheng Fund Management receives QDII licence (12 Oct)
• DBS China to offer RMB products & services to Chinese residents | 中文 (08 Oct)
• The Islamic Bank of Asia granted licence to operate in Bahrain (03 Oct)

September

• DBS Vickers Securities Online is now fully-owned by DBS Vickers Securities (27 Sep)
• Jackson Tai to step down as CEO of DBS (24 Sep)
• DBS announces SGD 400 million share buyback programme (19 Sep)
• DBS declines participation in proposed recapitalisation of TMB Bank (14 Sep)
• The Islamic Bank of Asia completes second and final closing (13 Sep)
• DBSAM appoints Deborah Ho as its new CEO (12 Sep)
• DBS Vickers Indonesia returns asset management licence to authorities (06 Sep)
• Media statement (06 Sep)
• DBS Indonesia committed to Indonesia market; expansion plans intact (03 Sep)

August

• DBS China receives approval to conduct RMB business with Chinese residents | 中文 (29 Aug)
• Update on DBS exposure to CDOs (27 Aug)
• DBS exposure to US sub-prime CDOs (07 Aug)

July

• DBS second quarter earnings up 21% to SGD 664 million before one-time items (27 Jul)
• DBS launches new credit card for frequent travellers (04 Jul)

May

• DBS appoints Christopher Cheng to its boards (30 May)
• DBS Bank China all set to commence business | 中文 (25 May)
• DBS Bank receives final approval to incorporate locally in China | 中文 (21 May)
• DBS Bank successfully prices USD1.5 billion floating rate subordinated notes due 2017 and USD500 million 5.125% subordinated notes due 2017 (11 May)
• DBS Bank and prominent Middle Eastern investors launch The Islamic Bank of Asia (07 May)
• DBS first-quarter earnings rise 19% to SGD617 million (04 May)

April

• DBS' expansive ATM network drives closer partnership with China Unionpay (20 Apr)

March

• DBS receives confirmation to proceed with the set up of first Islamic bank in Singapore (30 Mar)

February

• Full-Year 2006 earnings rise 32% to a record $2.18 billion as interest and fee income reach new highs (15 Feb)

January

• Hwang-DBS Securities receives Investment Bank approval from Bank Negara (3 Jan)