Tag: DBS Bank


MAS orders DBS Bank and Citibank to investigate banking services disruption

October 25, 2023

Via: FinTech Futures

The regulator states that banks’ critical systems cannot be out of action for more than four hours within any 12-month period, and that these systems must be supported by a back-up data centre and tested periodically in order to ensure […]

Capital and Risk, Credit

Mastercard, Pine Labs and DBS Bank to roll out BNPL credit card offering

March 2, 2022

Via: FinTech Futures

The “Mastercard Instalments with Pine Labs” programme will roll out to all DBS Bank and POSB Bank (a subsidiary of DBS) credit card holders in Singapore from March, with Indonesia and Hong Kong set to follow sometime in Q2 2022. […]

Activity, Corporate Banking

Goldman Sachs Agents $1.75B L/C for WeWork

February 12, 2020

Via: ABF Journal

WeWork closed a new $1.75 billion senior secured letter of credit facility. Goldman Sachs is the administrative agent of the new facility. Goldman Sachs, Citibank, DBS Bank, Deutsche Bank, Mizuho, Natixis and Société Générale participated in the syndication as joint […]