DBS Group Holdings Ltd 2023 AR2
The report highlights DBS Group's record financial and sustainability performance in 2023, achieving a net profit of SGD 10.3 billion and a return on equity of 18%. The company completed the acquisition of Citigroup's consumer banking business in Taiwan, making it the largest foreign bank in the market by assets. In sustainability, DBS facilitated SGD 18 billion in ESG bond issuances and committed up to SGD 1 billion over the next ten years to support low-income and vulnerable communities. Additionally, the bank implemented a comprehensive technology resiliency roadmap to address digital disruptions experienced during the year.
Company: DBS Group Holdings Ltd
Sector: Finance & insurance
Country: Singapore
Year: 2023
Type: AR2
Pages: 115
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DBS Group Holdings Ltd
Annual Report
The report highlights DBS Group's record financial and sustainability performance in 2023, achieving a net profit of SGD 10.3 billion and a return on equity of 18%. The company completed the acquisition of Citigroup's consumer banking business in Taiwan, making it the largest foreign bank in the market by assets. In sustainability, DBS facilitated SGD 18 billion in ESG bond issuances and committed up to SGD 1 billion over the next ten years to support low-income and vulnerable communities. Additionally, the bank implemented a comprehensive technology resiliency roadmap to address digital disruptions experienced during the year.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Feb 22, 2024
Type
Annual Report with Sustainability Disclosures
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
Women on Board
Women in Management
Net Zero Target
Employees