DBS Group Holdings Ltd 2019 IR
The report highlights DBS's record financial performance in 2019, with total income reaching SGD 14.5 billion and net profit rising 14% to a record SGD 6.39 billion. The company advanced its digital transformation, with 52% of its consumer and SME customers in Singapore and Hong Kong classified as digital. In sustainability, DBS became the first Southeast Asian bank to adopt the Equator Principles, ceased financing new coal-fired power plants, and completed approximately SGD 5 billion in sustainable financing transactions. Additionally, the bank expanded its regional presence by launching its locally incorporated subsidiary in India and establishing a team in the Greater Bay Area.
Company: DBS Group Holdings Ltd
Sector: Finance & insurance
Country: Singapore
Year: 2019
Type: IR
Pages: 115
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DBS Group Holdings Ltd
Annual Report
The report highlights DBS's record financial performance in 2019, with total income reaching SGD 14.5 billion and net profit rising 14% to a record SGD 6.39 billion. The company advanced its digital transformation, with 52% of its consumer and SME customers in Singapore and Hong Kong classified as digital. In sustainability, DBS became the first Southeast Asian bank to adopt the Equator Principles, ceased financing new coal-fired power plants, and completed approximately SGD 5 billion in sustainable financing transactions. Additionally, the bank expanded its regional presence by launching its locally incorporated subsidiary in India and establishing a team in the Greater Bay Area.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees