SINGAPORE] The trio of local banks will likely post weaker results for the second quarter of 2025, weighed down by lower net ...

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 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 ...

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.

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.

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.

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.

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 ...

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 ...

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 ...

Now a Singapore citizen, Gupta has spent a large part of his career in India and Southeast Asia, areas where DBS is keen to grow. Those who know him say he is meticulous and hardworking but some ...