DBS Bank

Insider moves

DBS acquires 300,000 units in Netlink for $252,000

With the additional units, Temasek's deemed interest in Netlink through Singtel and DBS Bank stands at 26.0%.

Broker's Calls

Singapore's SMEs may pose some threat to local banks: Bloomberg Intelligence

OCBC's weaker-than-peer credit quality in SME loans — 9% of its total — puts it at higher risk.

Bonds and treasuries

DBS receives new licence to underwrite non-financial corporate bonds in China’s interbank bond market

The move comes as foreign issuers are increasingly tapping the Chinese bond market, which is the second-largest in the world.

Banking & finance

DBS to merge various businesses, forming Global Financial Markets group

Andrew Ng, who is currently the head of Treasury Markets, will oversee the new enlarged group.
Keppel launches Sustainability-Linked Financing Framework; secures credit facilities with DBS and UOB of $500 mil each - THE EDGE SINGAPORE

Environmental, Social and Governance

Keppel launches Sustainability-Linked Financing Framework; secures credit facilities with DBS and UOB of $500 mil each

The sustainability-linked revolving credit facilities have preferential interest margins tied to Keppel's sustainability targets.
Seatrium subsidiary secures $500 mil revolving credit facility from DBS, HSBC and Standard Charted - THE EDGE SINGAPORE

Company in the news

Seatrium subsidiary secures $500 mil revolving credit facility from DBS, HSBC and Standard Chartered

The loan facility will provide additional funding and liquidity to Seatrium, increasing its financial flexibility.
Seatrium subsidiary secures $400 mil early refinancing from DBS, with possible sustainability-linked conversion - THE EDGE SINGAPORE

Company in the news

Seatrium subsidiary secures $400 mil early refinancing from DBS, with possible sustainability-linked conversion

The three-year committed loan facility includes a “sustainability-linked conversion option”.

Sustainability

H&M partners DBS Bank to fund fashion suppliers’ decarbonisation efforts

The green loan programme is different from that of traditional banking solutions as it provides direct financing.

REITs

Starhill Global REIT obtains its first sustainability-linked facility of $50 mil

The REIT has entered into a facility agreement with DBS for a five-year unsecured sustainability-linked multicurrency facility.

Fintech

UBS, DBS and SBI execute world first live repurchase transaction of natively-issued digital bond on public blockchain

This is part of MAS’s Project Guardian, a government-industry partnership to test the feasibility of asset tokenisation.
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