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 ...

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.

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 Indonesia has appointed Lim Chu Chong (pictured), currently chief operating officer of Institutional Banking Group (IBG), as president director of DBS Indonesia. He will be succeeding Paulus ...

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 ...

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.

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 had record net profit of more than S$3 billion ($2.39 billion) last year and ranked top earlier this year in customer satisfaction among the city-state’s financial institutions in a survey ...

The decision means DBS will be able to initially acquire a stake in Bank Danamon, Indonesia's sixth-largest bank by assets, as part of its $7.3 billion bid to acquire the entire bank.

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 ...