| DBS believes in being a caring and responsible partner in the communities in which it operates. The Bank adopted a community investing philosophy of ‘enabling? to assist our customers, employees and the wider community to attain their goals through strategic investments in the arts and corporate volunteerism. DBS is particularly proud that our employees are leading the volunteerism efforts. |
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| It was a busy year for the DBS Volunteer Program, which was introduced in July 2000. In February 2002, DBS Card Services adopted the National Volunteer Centre ("NVC") as its community partner. DBS cardholders could redeem their Perk$ for cash donations towards NVC’s Volunteer Development Fund and some customers even joined in the volunteer activities. DBS?Volunteer Program focused very much on children in 2001. The beneficiaries included the Chen Su Lan Children’s Home, Canossaville Children’s Home, Society for the Physically Disabled and Touch Children Services. DBS?staff also raised $18,000 for The Straits Times School Pocket Money Fund through bazaars, wine auction and cash donations. The DBS Volunteer Program went regional when DBS Thai Danu Bank rolled out its volunteer program in November 2002. The bank is Thailand’s first private sector company to take the initiative on social volunteerism. |
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| On the arts front, DBS Theatre Fantasy presented a double-bill of world-class shows - "The Complete Works of William Shakespeare" and "Fame - The Musical". DBS sponsored the critically acclaimed musical "Singin?In the Rain" which extended its run to accommodate the enthusiastic audience response. A patron sponsor of the Singapore Repertory Theatre, DBS also supported the local arts scene by partnering The Straits Times in organizing and planning the "DBS Life! Theatre Awards". For our continued and strong support of the Arts, DBS was conferred the "Distinguished Patron of the Arts 2002" by the National Arts Council. |
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| (Left) Since DBS Thai Danu Bank’s official launch of Volunteer Day in late 2002, many staff have come forward to participate in the various volunteer programs. (Center) Sponsored by DBS, "Singin?in the Rain" is the first world-class musical to play at Singapore’s Esplanade - Theatres on the Bay. (Right) To support local talent in the arts scene, DBS jointly-organized the "DBS Life! Theatre Awards" with The Straits Times. |
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| DBS strives to be an employer of choice. Increasingly, DBS provides opportunities for its employees to move and conduct business around the region. Employees have been transferred from Hong Kong and Thailand to Singapore, and from Singapore to Hong Kong and Thailand. China is also providing career opportunities for DBS employees around the region. DBS now offers deeper careers in more businesses than it ever has before, and increasingly can match global leaders in sophistication of product development. |
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| To help staff take advantage of the deeper organization, DBS has invested considerably in enriching its talent pool through training and staff development programs that are aimed at aligning manpower requirements with business goals. These training tools and human resource policies in general are applied throughout the region. Technology is increasingly helping staff tap into the training programs, as e-learning programs grow and the Group’s intranet provides additional resources for business units operating across the region. |
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As an employer of choice, DBS has introduced a new caf?and gym at its head office, yet
another initiative to promote the well-being of staff. |
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| A Strong Financial Pillar |
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| And finally, DBS will remain a safe home for its customers?savings by maintaining its strength in its capital and liquidity positions. With a total capital adequacy ratio of 15.5%, a loan to deposit ratio of 59.9% and a Moody's credit rating of Aa2, DBS has positioned itself so that it protects its customers?deposits from risks. By developing this role as a pillar of financial strength, DBS has established a reputation for soundness that differentiates it around the region. And through greater optimization of scale and processing efficiency in increasingly sophisticated markets across the region, DBS expects to remain a profitable and relevant financial services provider for the community. |
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