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In December 2006, DBS Bank received approval from the China Banking Regulatory Commission (CBRC) to prepare for local incorporation in Mainland China. DBS is the only Singapore bank among nine foreign banks to receive this approval. In 2010, it also became the first Singapore bank to issue UnionPay debit cards in mainland China.
On September 11, 2017, DBS Bank Ltd (DBS) successfully completed the acquisition of Australia and New Zealand Banking Group's retail and wealth business in Hong Kong. [7] On 2 February 2024, DBS Bank (Hong Kong) Limited announced the opening of its new DBS Treasures Centre at 18 Queen's Road Central. The new centre, spanning approximately ...
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On 24 July 1998, the Ministry of Finance announced the acquisition of POSBank by DBS Bank, [14] [15] which was fully acquired on 16 November 1998 for S$1.6 billion, [3] at the same time, ceased to exist as a statutory board under the Ministry of Finance.
A bank holiday, like a weekend, can affect how long it takes for funds from a check to become available in your account. Bank holidays 2025 In 2025, the Federal Reserve will observe 11 federal ...
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Here's why tomorrow could be a big day for the stock market. Important economic data At 8:30 a.m. tomorrow, the U.S. Bureau of Labor Statistics will release its monthly nonfarm payrolls report for ...
After his education, Seah started working. [4] He began as a sales executive, and later left for Citibank, and became the Country Head in Brunei. [5] In 1977, Seah moved to the Overseas Union Bank and became the CEO by 1991, as well as the Vice-chairman position. [5] In December 2001, he got another position as the CEO of CapitaLand in Singapore.