DBS AVAILS SELF-SERVICE BANKING CHANNELS FOR DONATIONS
TO EARTHQUAKE VICTIMS IN SICHUAN
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Public can donate to Singapore Red Cross via
900 DBS/POSB ATMs, 490 AXS stations and DBS internet banking
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DBS China donates RMB 1 million towards relief efforts
SINGAPORE, 16 May 2008 - DBS Bank today announced that it is making available
its self-service banking channels for donations from the public to help the victims of the
earthquake that devastated Sichuan, China on 12 May.
From today onwards, DBS and POSB customers can contribute to the "Red Cross
China Earthquake" fund conveniently via the following channels:
- Any of the 900 DBS/POSB ATMs located islandwide
- DBS internet banking
- Any of the 490 AXS stations
The "Red Cross China Earthquake fund has been included as a billing organisation
under the Bill Payment service and any customer wishing to make a contribution to the fund
can do so by debiting their DBS or POSB account. The step-by-step guide is in the Appendix.
Mr Richard Stanley, CEO of DBS Group Holdings said, "We are shocked and
saddened by the massive destruction this earthquake has caused in the Sichuan province.
As a bank focused on Asia, China is an important market for DBS, and we want to play our
part as a responsible corporate citizen by supporting the ongoing relief efforts.
DBS Bank (China) Ltd, a fully-owned subsidiary of DBS Group Holdings, is also
donating RMB 1 million to the China Red Cross towards the disaster relief efforts for the
earthquake victims.
In early February 2008, DBS made a contribution of RMB 1 million to help the
snowstorm disaster areas in the southern, central and eastern parts of China.
Just last week, DBS opened its self-service banking channels to facilitate customers
who wished to contribute to the victims of the Myanmar Cyclone Nargis. During the SARS
outbreak in 2003, and during the aftermath of the killer tsunami that devastated coastal
areas across South and Southeast Asia in 2004, DBS also made available its Internet
Banking and ATMs to facilitate customers who wished to contribute to the various funds to
support the relief agencies.
About DBS - Living, Breathing Asia
DBS is one of the largest financial services groups in Asia with operations in 16 markets. Headquartered in Singapore, DBS is the largest bank in the country as measured by assets, and a leading bank in Hong Kong. DBS' "AA-" and "Aa1" credit ratings are among the highest in the Asia-Pacific region.
As a bank that specialises in Asia, DBS leverages its deep understanding of the region, local culture and insights to serve and build lasting relationships with its clients. DBS provides the full range of services in corporate, SME, consumer and wholesale banking activities across Asia and the Middle East. The bank is committed to expand its pan-Asia franchise by leveraging its growing presence in mainland China, Hong Kong and Taiwan to intermediate the increasing trade and investment flows between these markets. Likewise, DBS is focused on extending its end-to-end services to facilitate capital within fast-growing countries in Indonesia and India.
DBS acknowledges the passion, commitment and can-do spirit in each of its 14,000 staff, representing over 30 nationalities. For more information, please visit www.dbs.com.