To mark 35th anniversary, Bank DBS Indonesia launches 'Trust Your Spark' campaign | Bahasa
Indonesia.10 Jul 2024.0 min read
Indonesia, 10 Jul 2024 - To mark its 35th anniversary, Bank DBS Indonesia launched the 'Trust Your Spark' campaign aimed at igniting and empowering the 'spark' within everyone so that they can pursue their dreams and aspirations with no hesitation. The campaign is an extension of the 'Live more, Bank less' spirit that embodies Bank DBS Indonesia's commitment to providing customers with a pleasant banking experience so that they can live a more meaningful life (Live more), without the hassle of banking (Bank less).
President Director at PT Bank DBS Indonesia Lim Chu Chong said, "We thank all our customers, partners, employees and stakeholders for their support over the past 35 years. Every individual has a 'spark' or spirit that drives them to be better every day, to make a difference, to face challenges, and to inspire others. We believe in the 'spark' of Bank DBS Indonesia that consistently prioritises collaboration, turns ambition into action, and gives meaning and significance to the lives of everyone it touches. Through the 'Trust Your Spark' campaign, we hope Bank DBS Indonesia can continue to play an active role as a driving force for the immediate community and advance the nation's economy through innovative banking products and services."
The spirit of 'Trust Your Spark' is also reflected in Bank DBS Indonesia's efforts to deliver banking products that are relevant and can satisfy the needs of both retail and corporate customers. For retail customers, Bank DBS Indonesia offers a range of trusted wealth management solutions through DBS Treasures and Treasures Private Client to help customers strengthen their legacy for future generations. In addition, customers can use digibank by DBS as a full-fledged digital banking service accessible 24/7 to perform transactions and to invest as well as to get access to curated insight analysis according to their preferences. In addition, Bank DBS Indonesia has launched a multifunctional savings account, Green Savings, which is designed to enable customers to make contribution to social and environmental objectives by donating a portion of their savings interest to Yayasan Tangan Pengharapan and chocolate farmers supported by Krakakoa.
For corporate customers, in 2023, Bank DBS Indonesia disbursed Rp6.1 trillion worth of sustainable funds or loans linked to Environmental, Social, and Governance (ESG). The amount increased fivefold or 540% from that realised in 2022, at Rp1.1 trillion, and exceeded the target of Rp1.3 trillion. Bank DBS Indonesia's ESG-linked loans in 2023 were equivalent to 9.61% of the total loan portfolio that stood at Rp63.44 trillion. Bank DBS Indonesia also continued to accelerate the distribution of these funds in the first half of 2024. The commitment is evident in the distribution of social funds through the Uncommitted Revolving Credit Facility worth IDR1 trillion to PT Permodalan Nasional Madani (PNM) under the MEKAAR programme. In addition, Bank DBS Indonesia also provided US$10 million in credit facility to PT Indo-Rama Synthetics Tbk (INDR).
Igniting the 'spark' to contribute to environmental conservation and community empowerment
As a manifestation of the third sustainability pillar, Impact Beyond Banking, Bank DBS Indonesia through the DBS Foundation Business for Impact Grant Award provides grants to selected social enterprises (SEs) to expand their reach and sustainability impact on ESG.
Each SE that received the grant has a 'spark' that drives them to address various social and environmental challenges in Indonesia while supporting the Social Development Goals (SDG) adopted by the United Nations. Waste management, sustainable fashion, women empowerment, increasing awareness of air pollution are some of the matters the SEs focus on. In 2023, the DBS Foundation Business for Impact Grant Award programme received more than 2,000 applicants from six countries in Asia, including 181 from Indonesia. Four Indonesian SEs, namely Magalarva, Liberty Society, Plana, and Nafas, were selected as grant recipients.
"We admire these social enterprises for their belief in their 'spark' that seeks to address environmental and social issues, as well as gender equality and equal employment opportunities. This is the driving force behind Bank DBS Indonesia's passion to be a strategic partner as well as a key driver for sustainability. We hope the 'Trust Your Spark' campaign can inspire more social enterprises to play an active role in realising a sustainable Indonesia," said Head of Group Strategic Marketing and Communications at PT Bank DBS Indonesia Mona Monika.
As part of the 35th anniversary celebration and the launch of the 'Trust Your Spark' campaign, Bank DBS Indonesia conducted a series of internal activities, including an employee volunteer movement or People of Purpose and product promotions. For more information about the 'Trust Your Spark' campaign and Bank DBS Indonesia, visit Instagram @dbsbankid.
About DBS
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank’s “AA-” and “Aa1” credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia“ award by Global Finance for 15 consecutive years from 2009 to 2023. DBS Indonesia is ranked second in the top as World’s Best Bank in Indonesia for three consecutive years from 2020 to 2022.
Established in 1989 as part of the Singapore-based DBS Group, PT Bank DBS Indonesia (Bank DBS Indonesia) is one of the banks with the longest history in Asia. Currently operating 1 Head Office, 13 Branch Offices, 16 Assistant Offices and 4 Functional Offices and 3,011 active employees in 15 Major Cities in Indonesia, Bank DBS Indonesia provides comprehensive banking services in the corporate, SME and consumer banking segments that focuses on the customer experience to 'Live more, Bank less'. We also see a purpose beyond banking and are committed to supporting our customers, employees and the community towards a sustainable future.
PT Bank DBS Indonesia is licensed and supervised by The Indonesian Financial Services Authority (OJK), and an insured member of Indonesia Deposit Insurance Corporation (LPS).
DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting businesses for impact: enterprises with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping underserved communities with future-ready skills and helping them to build food resilience.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.
President Director at PT Bank DBS Indonesia Lim Chu Chong said, "We thank all our customers, partners, employees and stakeholders for their support over the past 35 years. Every individual has a 'spark' or spirit that drives them to be better every day, to make a difference, to face challenges, and to inspire others. We believe in the 'spark' of Bank DBS Indonesia that consistently prioritises collaboration, turns ambition into action, and gives meaning and significance to the lives of everyone it touches. Through the 'Trust Your Spark' campaign, we hope Bank DBS Indonesia can continue to play an active role as a driving force for the immediate community and advance the nation's economy through innovative banking products and services."
The spirit of 'Trust Your Spark' is also reflected in Bank DBS Indonesia's efforts to deliver banking products that are relevant and can satisfy the needs of both retail and corporate customers. For retail customers, Bank DBS Indonesia offers a range of trusted wealth management solutions through DBS Treasures and Treasures Private Client to help customers strengthen their legacy for future generations. In addition, customers can use digibank by DBS as a full-fledged digital banking service accessible 24/7 to perform transactions and to invest as well as to get access to curated insight analysis according to their preferences. In addition, Bank DBS Indonesia has launched a multifunctional savings account, Green Savings, which is designed to enable customers to make contribution to social and environmental objectives by donating a portion of their savings interest to Yayasan Tangan Pengharapan and chocolate farmers supported by Krakakoa.
For corporate customers, in 2023, Bank DBS Indonesia disbursed Rp6.1 trillion worth of sustainable funds or loans linked to Environmental, Social, and Governance (ESG). The amount increased fivefold or 540% from that realised in 2022, at Rp1.1 trillion, and exceeded the target of Rp1.3 trillion. Bank DBS Indonesia's ESG-linked loans in 2023 were equivalent to 9.61% of the total loan portfolio that stood at Rp63.44 trillion. Bank DBS Indonesia also continued to accelerate the distribution of these funds in the first half of 2024. The commitment is evident in the distribution of social funds through the Uncommitted Revolving Credit Facility worth IDR1 trillion to PT Permodalan Nasional Madani (PNM) under the MEKAAR programme. In addition, Bank DBS Indonesia also provided US$10 million in credit facility to PT Indo-Rama Synthetics Tbk (INDR).
Igniting the 'spark' to contribute to environmental conservation and community empowerment
As a manifestation of the third sustainability pillar, Impact Beyond Banking, Bank DBS Indonesia through the DBS Foundation Business for Impact Grant Award provides grants to selected social enterprises (SEs) to expand their reach and sustainability impact on ESG.
Each SE that received the grant has a 'spark' that drives them to address various social and environmental challenges in Indonesia while supporting the Social Development Goals (SDG) adopted by the United Nations. Waste management, sustainable fashion, women empowerment, increasing awareness of air pollution are some of the matters the SEs focus on. In 2023, the DBS Foundation Business for Impact Grant Award programme received more than 2,000 applicants from six countries in Asia, including 181 from Indonesia. Four Indonesian SEs, namely Magalarva, Liberty Society, Plana, and Nafas, were selected as grant recipients.
"We admire these social enterprises for their belief in their 'spark' that seeks to address environmental and social issues, as well as gender equality and equal employment opportunities. This is the driving force behind Bank DBS Indonesia's passion to be a strategic partner as well as a key driver for sustainability. We hope the 'Trust Your Spark' campaign can inspire more social enterprises to play an active role in realising a sustainable Indonesia," said Head of Group Strategic Marketing and Communications at PT Bank DBS Indonesia Mona Monika.
As part of the 35th anniversary celebration and the launch of the 'Trust Your Spark' campaign, Bank DBS Indonesia conducted a series of internal activities, including an employee volunteer movement or People of Purpose and product promotions. For more information about the 'Trust Your Spark' campaign and Bank DBS Indonesia, visit Instagram @dbsbankid.
About DBS
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank’s “AA-” and “Aa1” credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia“ award by Global Finance for 15 consecutive years from 2009 to 2023. DBS Indonesia is ranked second in the top as World’s Best Bank in Indonesia for three consecutive years from 2020 to 2022.
Established in 1989 as part of the Singapore-based DBS Group, PT Bank DBS Indonesia (Bank DBS Indonesia) is one of the banks with the longest history in Asia. Currently operating 1 Head Office, 13 Branch Offices, 16 Assistant Offices and 4 Functional Offices and 3,011 active employees in 15 Major Cities in Indonesia, Bank DBS Indonesia provides comprehensive banking services in the corporate, SME and consumer banking segments that focuses on the customer experience to 'Live more, Bank less'. We also see a purpose beyond banking and are committed to supporting our customers, employees and the community towards a sustainable future.
PT Bank DBS Indonesia is licensed and supervised by The Indonesian Financial Services Authority (OJK), and an insured member of Indonesia Deposit Insurance Corporation (LPS).
DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting businesses for impact: enterprises with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping underserved communities with future-ready skills and helping them to build food resilience.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.
