media and testimonials

Here’s how SMEs have stepped up

Media & Testimonials

While these are extraordinary times, we remain focused on your business needs and priorities, and that goes beyond making account opening and loan applications easy and intuitive. SMEs who bank with us have tapped on our comprehensive range of financing and digital solutions, as well as our network to power their growth. Together, we can step up to a better tomorrow.

Stepping up in challenging times

A partner for the long term – a bank that has the commitment and stamina to stick with SMEs through thick and thin.

Oft-underserved, over 3,500 micro and small businesses receive liquidity support. Read more here.

Cash flow support boosted for SMEs with collateral-free business loan upsized to SGD 200,000. Read more here.

More support for SMEs

 

  • Digital relief package rolled out to help F&B businesses tap new income streams amid Covid-19. Read more here.
     
  • Record SGD 9 million to help social enterprises tide through pandemic. Read more here.
     
  • Industry-first solution launched to transform B2B payments and collections landscape in Singapore. Read more here.
     
  • Broad range of COVID-19 liquidity relief measures made available to SMEs. Read more here.
     
  • Digital solutions rolled out to give businesses "Contact-free" banking options for greater peace of mind during Covid-19. Read more here.
     
  • Trade digitalisation efforts accelerated with more ‘industry-firsts’ to drive greater efficiencies for customers. Read more here.
     
  • SGD 10.5 million to help communities hard hit by Covid-19. Read more here.
     
  • Singapore’s logistics sector primed for post-Covid-19 recovery through digital transformation with launch of industry’s first purchasing card. Read more here.
     
  • Spreading instant cheer to merchants on Ramadan E-Bazaar platform. Read more here.
     
  • Support for social enterprises beefed up with cashflow support, skills training amid Covid-19. Read more here.
Stepping up to success

It’s not business as usual, and our customers trust us to do right by them. 

 
The new norm has brought about challenges to many businesses while creating opportunities for others. Walter Oh of Boxgreen shares how DBS has helped his online snack business rise above the pandemic and more importantly, continue doing good for the marginalised community in Singapore.
Faced with the uncertainty of a post-pandemic future, some small retail businesses have scaled down and stayed low. But for Unidbox Hardware director Mr Wong, there was no time to waste. With the cash flow relief support from DBS, he was above to move forward in confidence – securing the livelihoods of his workers and business through digitalisation.
During the circuit breaker period, Asian Food Mall was one of the dine-in establishments that had to rethink and react overnight. General Manager Wong Minying shares how she found support quickly from DBS to help her digitalise her business, allowing her food stalls to go online and offer delivery islandwide.
Not every business goes through a lull during the pandemic. With more customers going online, Good Dog People faced a sudden surge of orders on their online pet supplies store. Founder Terry Peh shared why this is an opportune time to upskill the company’s business capabilities with the support of DBS BusinessClass Online SME Academy, which has allowed his team to learn anytime, from anywhere.