| JANUARY |
| * |
Cholamandalam DBS Finance, DBS’ consumer finance joint venture with the
well-regarded Murugappa Group of Chennai, launched first personal loanproduct.
|
| FEBRUARY |
| * |
Former chairman of Barclays Bank Andrew Buxton appointed to the Boards of DBS Group and DBS Bank. |
| * |
DBS mandated sole lead arranger for
US$222 million syndicated loan for
Pamapersada, Indonesia’s largest
contract mining company. The upsized
facility was its maiden offshore syndicated
loan since the Asian financial crisis.
|
| MARCH |
| * |
DBS mandated sole lead arranger and
bookrunner for US$265 million equivalent
facility for Spice Communications of
India. The transaction, put in place for
Telekom Malaysia to complete its
acquisition of a 49% stake in Spice,
was DBS India’s first domestic loan
syndication deal and first loan/security
agency mandate. |
| * |
POSB Everyday Card, a card designed to
meet the everyday spending needs of
Singaporeans, acquired its 100,000th
cardholder within six months of launch.
|
| APRIL |
| * |
DBS received approval to open its first
branch in the Middle East, making DBS
one of the first few Asia-based banks,
and the first Singapore-based bank,
to receive a licence in Dubai. |
| * |
DBS announced successful completion
of SME ACCESS Loan, the first rated
SME loan securitisation scheme in
Southeast Asia, achieving a financing
portfolio of $100 million.
|
| MAY |
| * |
DBS opened Shanghai Luwan sub-branch
offering consumer banking and DBS Treasures Priority Banking services. |
| * |
DBS set up a branch in fast-growing
Suzhou, the first Singapore-based bank
to do so. |
| * |
DBS mandated coordinating arranger
and sole bookrunner for Air China’s
US$750 million loan, the largest
syndicated aircraft facility for a PRC
airline. |
| * |
DBS launched DBS Treasures Priority
Banking for the high net-worth in India. |
| * |
DBS pioneered another new investment
asset class – Singapore’s first business
trust – when it acted as sole financial
advisor, underwriter and bookrunner for
Pacific Shipping Trust.
|
| * |
DBS made it possible for DBS and POSB
customers to make donations to the
Singapore Red Cross in aid of victims of
the earthquake in Indonesia that
devastated Java.
|
| JUNE |
| * |
DBS Asset Management announced its
intention to acquire a 33% stake in
Changsheng Fund Management, with
the aim of building a leading fund
management company in China. |
| * |
DBS introduced the first Middle Eastern
non-bank issuer, Emirates Airlines, to
the Singapore dollar debt capital
markets. |
| * |
DBS acquired a further 54% stake in
AXS InfoComm Pte Ltd. The network
of 390 AXS stations expanded DBS’
electronic collection capabilities
island-wide. |
| * |
DBS successfully priced a benchmark
international offering of US$900 million
floating-rate subordinated notes due
2021. This subordinated note issue was the first of its kind with a maturity of at
least 10 years issued by an Asia-based
bank outside Japan.
|
| JULY |
| * |
Following investors’ strong reverse
enquiries, DBS successfully priced
another S$500 million subordinated
notes offering to supplement its earlier
US$900 million international issue.
|
| * |
DBS appointed joint financial adviser,
global coordinator and bookrunner
for CDL Hospitality Trusts. The first
hotel REIT in Asia ex-Japan featured
an innovative stapled structure linked
to a business trust and gave retail
investors access to a new property
class.
|
| * |
DBS mandated lead arranger and
bookrunner for PSA International’s
US$3.42 billion term facility, one of
the largest US$ syndicated loans in
Asia ex-Japan and Australia.
|
AUGUST
|
| * |
Veteran Hong Kong banker Amy Yip
appointed CEO of DBS Hong Kong
following the retirement of Randy
Sullivan. |
| * |
Winner of the DBS American Express
Black Card draw drives away in a black
Lamborghini Gallardo after being
selected from over 130,000 DBS Black
Cardholders in Singapore.
|
| SEPTEMBER |
| * |
DBS mandated regional arranger for the
Asian Development Bank’s US$10 billion
Asian Currency Note Programme, Asia’s
first multi-currency bond platform since
the 1997 financial crisis. DBS was sole
lead manager and bookrunner for the
Singapore dollar issue launched
concurrently. |
| * |
DBS Hong Kong was one of the first to
extend weekday banking hours from
5pm to 6pm to better serve customers.
Taking into consideration staff’s worklife
balance, DBS also implemented a
five-day work week for branch
employees. |
| * |
DBS the first in Asia to offer full banking
services within an airport transit area
when it launched DBS Asia Treasures
at Singapore’s Changi International
Airport. |
| * |
DBS launched its first regional branding
campaign during Singapore 2006 – the
largest international convention held in
Singapore where 20,000 delegates from
180 countries gathered for the IMF and World Bank meetings. The campaign
reaffirmed DBS’ positioning as a bank
that specialises in Asia.
|
| OCTOBER |
| * |
DBS Asia Capital lead-managed the
highly successful HK$1.4 billion IPO
of Hong Kong property developer
SPG Land, which was 89 times
subscribed. |
| * |
DBS mandated lead arranger and
bookrunner for Reliance Petroleum’s
US$2 billion greenfield refinery
financing, India’s biggest foreign
currency loan and the largest limited
recourse financing in Asia outside of
China since the 1997 financial crisis.
|
| DECEMBER |
| * |
DBS among the first batch of foreign
banks – and the only Singapore-based
bank – to receive approval to prepare
for local incorporation in China. Setting
up a local subsidiary enables DBS to
offer a full suite of RMB banking
services to Chinese nationals. |
| * |
Rating Agency Malaysia assigned DBS a
long-term general bank rating of ‘AAA’
with a stable rating outlook, making
DBS one of only four triple-A rated
foreign banks in Malaysia. |
| * |
DBS mandated global coordinator for
the US$1.4 billion bridge financing for
Marina Bay Sands, Singapore’s first
Integrated Resort project.
|
