DBS Bank | Latest News & Updates - Mar 17, 2025 Release

DBS Bank is providing an approximately AUD 620 million project finance debt facility to support the construction of the 350 MW Wooreen Energy System Storage in Victoria, Australia, in collaboration with EnergyAustralia...


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DBS Bank

๐ŸŒŽ dbs.com

DBS is a leading financial services group in Asia, headquartered in Singapore, with a presence in 19 markets. It is recognized globally for its leadership in banking and finance, having received numerous awards including 'Worldโ€™s Best Bank' and 'Safest Bank in Asia'. The bank focuses on leveraging digital technology to enhance banking experiences and is committed to social impact through the DBS Foundation.


DBS Bank - Latest News and Updates

  • DBS Bank is providing an approximately AUD 620 million project finance debt facility to support the construction of the 350 MW Wooreen Energy System Storage in Victoria, Australia, in collaboration with EnergyAustralia.
  • DBS Bank's share price fell by 3.5% last week amid concerns over US tariffs impacting South-east Asia.
  • In January 2025, DBS Bank Indonesia launched the Structured Internship Program, offering final-year students a chance to explore banking and potentially join the Management Associate Program.
  • DBS Bank has enhanced its Transition Finance Framework to provide clearer guidance on eligible transition activities and financial solutions for decarbonisation.
  • DBS Bank reported strong 2024 profits driven by fee and trading income despite concerns about asset quality in Greater China real estate.
  • Bhavin Bhavsar has joined DBS Bank as Vice President in Singapore, previously holding a position at another company.
  • Trent Kurtz has joined DBS Bank as Vice President - Project Finance in Australia, previously working in Project Finance at Sumitomo Mitsui Banking Corporation.
  • Piyush Kohli has joined DBS Bank as Vice President Human Resources in India, previously holding the position of PGS- Global People Experience at Pfizer.
  • Lisa Pham has joined DBS Bank as Assistant Vice President in Australia, previously serving as Associate Director (Real Estate Debt) at DRC Savills Investment Management.
  • Rayman Tse, CPA has joined DBS Bank as Assistant Vice President in Hong Kong, previously holding a position at another company.

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