DBS Group Holdings , Southeast Asia's biggest bank, has agreed to pay $7.24 billion for Indonesia's Bank Danamon , offering a 52 percent premium for a middle-ranking lender with high funding costs, ...

DBS Group Holdings Ltd., Southeast Asia’s largest bank, said it will retain the Danamon brand after buying the lender amid Indonesian concern that financial firms could lose their national ...

HANOI, April 1 (Reuters) - Singapore bank DBS Group DBSM.SI said on Thursday it has co-led a group of lenders in a $625 million financing deal for a battery nickel and cobalt project in Indonesia.

DBS launched a $7.2 billion takeover bid for all of Danamon last year, but the deal was thrown into limbo when the central bank, Bank Indonesia, announced new guidelines capping single ownership ...

The Indonesian authorities are going to think long and hard about the $7.25bn planned acquisition by Singapore’s DBS, south east Asia’s biggest bank, of local lender Bank Danamon.

DBS Group Holdings Ltd.’s $7.2 billion bid for PT Bank Danamon Indonesia won’t be approved until the country sets new ownership rules and agrees with Singapore on reciprocity in treatment of ...

PT Bank DBS Indonesia has one head office and 33 other offices with 3,011 employees in 15 major cities, according to the DBS website. Panin Bank's businesses span consumer financing to private wealth.

Singapore's DBS Group <DBSM.SI> said on Monday that the loss of a primary dealer licence in Indonesia would have no impact on its banking operation and its plans to expand in Southeast Asia ...

Mon, October 10, 2022 Published on Oct. 7, 2022 Published on 2022-10-07T18:50:09+07:00 ank DBS Indonesia issued a short-term loan worth Rp 500 billion (US$32.7 million) to aquaculture start-up ...

DBS Indonesia has shifted creative duties from Havas Group to ADNA. The latest appointment is for 17 months until October 2022 and follows a pitch held in the first quarter of 2021.

A lot hangs on Indonesia’s economic prospects – and on Jakarta’s ambivalent attitude to foreign investment. There’s no doubting the strategic importance of the deal to DBS and to Singapore.