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In 1974, the bank was transferred to become part of the Ministry of Finance and Credit POSB Pte Ltd was established in the same year to provide custom-tailored loans relating to HDB housing ownership. By 1976, POSB had one million depositors, while deposits crossed the S$1 billion mark.
In June 2023, DBS was fined S$2.6 million by the Monetary Authority of Singapore (MAS) for breaching anti-money laundering and countering the financing of terrorism requirements, in a matter related to the German payments provider Wirecard scandal between July 2015 and February 2020, in relation to the accounts of 11 corporate customers. [52 ...
NETS was first introduced to the public on 27 June 1985 as a 2-month pilot project involving 10,000 ATM card holders from the five local banks, namely DBS Bank, OCBC Bank, UOB, POSB Bank and OUB through 64 terminals installed at participating government offices, supermarkets, department stores and petrol kiosks. [2]
Not only can applying with your SSN get you access to a business line of credit, but you can also start building business credit, and the best business credit cards earn you rewards for each ...
In September 2010, Sebastian Paredes was appointed CEO of DBS Bank (Hong Kong) Limited. [5] On March 17, 2014, DBS Bank Ltd (DBS) announced to acquire the Asian private banking business of Societe Generale in Singapore and Hong Kong, as well as selected parts of its trust business. The business was successfully integrated into DBS in October 2014.
Depending on the issuing bank and the preferences of the client, this may allow the card to be used as an ATM card, enabling transactions at automatic teller machines; or as a debit card, linked to the client's bank account and able to be used for making purchases at the point of sale; or as a credit card attached to a revolving credit line ...
By Jonathan Allen and Brad Brooks (Reuters) -A state funeral for Jimmy Carter, the former U.S. president who died on Sunday at the age of 100, will be held at the Washington National Cathedral on ...
Crédit Agricole Corporate and Investment Bank; Credit Suisse; DBS Bank; Deutsche Bank (055) HSBC (054) Industrial and Commercial Bank of China (062) ING Bank; JPMorgan Chase (057) Landesbank Baden-Württemberg; Metrobank; Mizuho Bank (058) Morgan Stanley (052) MUFG Bank(059) National Bank of Pakistan; OCBC Bank; Société Générale; State ...