DBS Bank

As a trusted partner for sustainability and business transition, DBS Bank Indonesia is proud to support the Indonesia International Sustainability Forum 2025 in Jakarta, where leaders from government, business, and communities came together to chart pathways toward a low-carbon future. Helge Muenkel, CFA , our Chief Sustainability Officer, spoke on the Unlocking Nature-Based Solutions panel. He emphasised the importance of cross-sector collaboration between governments, regulators, industry players, financial institutions, and civil society to deliver more innovative, measurable, and sustainable solutions. One example from DBS is the blended finance scheme to fund the provision of clean water for more than two million residents in Jakarta, Tangerang, and South Tangerang. This project marks the first implementation of blended finance in Indonesia’s water sector. Chu Chong Lim, DBS Bank Indonesia President Director, participated in the CEO Roundtable for the launch of the CEO Guide on Physical Risks in Global Value Chains. Hosted by the World Business Council for Sustainable Development, this meeting reinforced our belief that resilience and collaboration are key to navigating climate risks in today’s interconnected world. And garnering much attention at our booth, MYCL | Mycotech Lab, a DBS Foundation grantee that innovated sustainable leather from mycelium, launched a sustainable material made from seaweed! At DBS, we continue to stand alongside our clients, partners, and changemakers, helping them transition towards sustainable growth and build resilience for generations to come!

“‘My dad has been acting strange – more stubborn than usual, and constantly holed up in his room, talking to someone.’ I was on the phone with one of our customers’ sons. His elderly father had walked into our branch, demanding to withdraw SGD 100,000 in cash. He claimed it was a down payment for a house in the Siglap district. That raised a red flag for me. Such a price for a property in Siglap – in this economy? It didn’t add up. And neither did the customer’s demeanor. He avoided eye contact, his hands trembled with impatience, and every verification question my colleague Xu Xian (pictured below) asked only seemed to heighten his frustration. 'Why can’t you just give me my money? No one can scam me!' he snapped. When I asked to speak to his wife – listed on their joint account – he grew louder. 'Stop wasting my time!' he shouted. “And no, you cannot verify with my wife, she has dementia!' Then, his phone rang, his ringtone slicing through the tension. When he stepped outside to answer it, I used that moment to call his son, who immediately agreed to come down to the branch. He arrived 30 minutes later, walking in with his father. But the fiery man from earlier was gone. In his place stood someone pale, shaken and quiet. He’d just spoken with our anti-scam team, who’d discovered that his internet banking had been compromised, most likely through a phishing link or malicious website. There had been an unauthorised attempt to transfer nearly SGD 90,000 out, but our systems intercepted it in time and blocked the transaction. That’s when he realised that he’d been a victim of a scam. 'Thank you,' he said quietly. 'I could have lost everything if it wasn’t for you and your team.' That moment will always stay with me. After nearly five decades in banking, I’ve learnt that every conversation and small act of caution can make the difference between safety and loss. Scams don’t discriminate. They come through fake links, spoofed calls or messages that seem harmless. No race, no creed, no age is spared. So if someone you love starts acting distant or secretive – pause and ask. It might just be the question that saves everything they’ve worked for.” – Bertilla Chea, Service Manager, DBS Treasures Siglap #HumansofDBS

In a recent interview with McKinsey & Company for its Leading Asia series, DBS CEO Tan Su Shan shared how her leadership experiences have shaped her approach to leading the bank through change. She spoke about the lessons that have guided her through moments of both crisis and success, describing a philosophy that keeps her grounded: “When things are really good, don’t lose your head. When things are really bad, don’t lose your heart.” She explained that this mindset has helped her steer through global uncertainty and transformation, and that leadership is as much about balance as it is about decision-making. It means staying calm when things go well, staying compassionate when they do not and building trust within a diverse team that can weather both the highs and lows together. As she leads DBS into its next phase of growth, Su Shan continues to anchor her leadership on composure, empathy and conviction.

As Singapore moves toward becoming a "super-aged" society, with one of the world’s longest life expectancies at 83.5 years, one question stands out: how can we help people live more purposefully and independently as they age? That's why we're thrilled to announce the launch of the Senior Micro-jobs Programme, a four-year partnership between DBS Foundation and Thye Hua Kwan Moral Charities (THKMC). This initiative expands access to micro-jobs and empowers seniors to live more purposefully beyond retirement. To mark the occasion, Country Head of DBS Singapore Lim Him Chuan shared a beautifully penned Chinese poem that reflects our shared commitment to uplift lives, redefine ageing in Singapore, and champion cross-sector collaboration for lasting change. The poem was presented to THKMC Vice Chairman Lee Kim Siang and CEO Jason Lee. 太平一氣聚人和 星辰有行匯心展 繼往開來眾志城 同舟共濟揚風帆 [English Translation] Everyone coming together driven by a force of peace, Spreading of goodwill like stars moving in galaxies, United we move forward to build our community based on heritage, Sailing ahead as one amid winds and waves. This spirit of partnership is embodied in our ‘One DBS’ approach: ❤️ DBS Foundation contributes SGD 1.47 million to expand seniors’ access to flexible, task-based work opportunities. 📱Leveraging the bank’s technological expertise to support the development of a digital app for easy access to micro-jobs. 🚀 Partnering THKMC to rally our 3P (public, private and people) networks to come onboard as micro-jobs providers, and build towards availing greater supply, diversity and quality of tasks over time. The launch of the event, held at the National Gallery of Singapore, was graced by Minister for Health Ong Ye Kung and included a panel discussion featuring speakers from different sectors, including Deputy Director of the Agency of Integrated Care Angeline Thia, Head of DBS Foundation Karen Ngui, Group Director (Regional Health System) at SingHealth Dr Michael Wong, and Founder of City Sprouts Zac Toh. They spoke about the approaches and health benefits of empowering seniors to deepen their social connections and sense of purpose in the community. Just as the poem reminds us, progress is built when we move forward together. --- More about DBS Foundation here: https://go.dbs.com/4q9WymN #DBSFoundation #ImpactBeyondBanking #THKMC #ActiveAgeing #SocialServices

"Graduating with a degree in quantitative finance, I was naturally drawn to the trading desks within Global Financial Markets. From day one, I was immersed in a fast-paced environment where I got to conduct research, monitor risks, facilitate client deals, and trade. It's a place where every decision counts, which has pushed me to stay constantly updated on global events and sharpen my intuition so I can make quick decisions. There's nothing quite like the moment when a trade goes in your favour, and you know you've brought in revenue for the bank! Getting a start through the Management Associate Programme with Global Financial Markets wasn't just about learning the technical side of trading – it was also about connecting with stakeholders from sales, operations, finance, product, and even other trading desks. These interactions expanded my network and offered me perspectives that have been invaluable to my growth. More importantly, the programme gave opportunities to connect with senior management and a front-row seat to the decisions behind our organisation's priorities. It's been an intense but fulfilling journey so far, and exactly the kind of start I wanted for my career." - Bryan Ong, Global Financial Markets Management Associate and National University of Singapore Alumni Applications for the MA Programme 2026 cohort are open, read more here: https://go.dbs.com/475Ww6y

We are thrilled to share that DBS has been named the World’s Best AI Bank in the inaugural Global Finance AI in Finance Awards 2025! "DBS Bank stands out as the leading bank in AI adoption due to its early and extensive deployment of AI models, strong experimentation culture, data-driven workforce, and robust execution capabilities," said Joseph Giarraputo, Founder & Editorial Director of Global Finance. He noted our implementation of over 1,500 AI models across more than 370 use cases and projected economic impact of over SGD 1 billion in 2025. "This commitment is further demonstrated by its transparent measurement of AI value in annual reports, the PURE framework guiding ethical AI development, and comprehensive reskilling and upskilling programmes for its employees to leverage AI as an augmentation tool,” he added. DBS Group CEO Tan Su Shan said, "DBS is proud to be recognised globally by Global Finance for our leadership in AI. This award is a testament to our relentless pursuit of innovation and the significant investments made over the past decade." "As DBS advances on our journey to be an AI-enabled bank with a heart, we remain committed to leveraging AI responsibly, blending machine intelligence with human empathy to reinforce the trust our customers place in us.” In total, DBS swept six global, 15 regional and 52 domestic awards across the AI in Finance Awards and Best Digital Bank Awards 2025. A big thank you to all our colleagues for your unwavering commitment to digital transformation, and our customers who have supported us in this journey! #DBSfintech #AI #DigitalBanking

Earlier this month, we had the incredible honour of celebrating with over 2000 colleagues on their career milestones with DBS at our annual Service Recognition Awards ceremony! 🎉 Their unwavering dedication, hard work, and deep commitment have strengthened our foundations and played an integral role in shaping DBS to become the World's Best Bank. What makes this year extra special is celebrating the 15-year milestone of our CEO Su Shan! Heartened to be on this journey alongside so many employees who have contributed and committed decades of their careers to DBS, she shared a powerful reflection: “All of us at DBS, we’ve helped to fly the flag high globally, to bring DBS to where it is today, and to keep bringing it forward. It’s not an individual sport – it’s a team sport, and it’s a marathon. We continue this journey together, being the lighthouse for our customers and our people. Thank you all for your great teamwork, hard work, and friendship over the years!” To all our awardees, a huge thank you for your contributions – we deeply appreciate everything you do!

We were honoured to host Mr. Vikas Verma, Vice President (Business Application) - Goods and Services Tax Network - a government enterprise, at the recently concluded Global Fintech Fest 2025 held in Mumbai, India. Last month, we announced that DBS Bank India became the first wholly owned subsidiary bank to go live on the GST portal, enabling businesses in India to make real-time GST payments directly via our net-banking platform, DBS IDEAL. With GST compliance a key priority for enterprises, we focus on making the process seamless through a secure, intuitive solution that helps simplify statutory obligations and drive greater operational efficiency. This offering reflects DBS Bank’s commitment to delivering a digital-first banking experience, empowering businesses to thrive. #DBSFintech #LivemoreBankless

The US Federal Reserve has resumed its rate-cutting cycle, signalling further reductions through end-2025. DBS economists anticipate two 25bps cuts by year-end and an additional cut in 2026, while markets have tempered earlier dovish expectations to slightly more than four cuts by end-2026. The rate easing cycle remains data‑dependent. Significant labour market weakness would necessitate accelerated cuts, whereas persistent tariff-led inflation would keep the Fed cautious. In the past, rate cuts usually preceded a recession. This time is different as the Fed is cutting rates while the economy is still growing, albeit at a slower pace, underpinned by robust AI/energy-related CAPEX, a continuously supportive fiscal impulse, and easier financial conditions, among other factors. What does this mean for investors and how is DBS Group Research positioning across ETFs? Find out in the full report: https://go.dbs.com/4h4s5lM #investing #economy #finance #future #stockmarket #business #artificialintelligence #technology #energy

At DBS, understanding and staying ahead of global trends is essential for us to help clients and businesses navigate global complexities, especially during uncertain times where every policy move or market signal can have far-reaching impact. That’s why we’re pleased to share that our economists have received nine awards for forecast accuracy at the 2025 FocusEconomics Analyst Forecast Awards, with strong showing in the ASEAN region. The award looks at six key macroeconomic indicators - including inflation, GDP, interest rates - in more than 100 countries. This recognition underscores our depth of regional expertise and analytical strength, reaffirming our commitment to helping investors and customers take a view on economies and markets, so as to stay ahead. Discover more here: https://go.dbs.com/3WEuavq Taimur Baig