DBS to offer tailored app in its digital transformation

Singapore bank's new platform allows clients to react quickly to market changes

20201111  DBS

DBS in September unveiled a plan to introduce a new service called "intelligent banking." (Photo by Akira Kodaka)

TAKASHI NAKANO, Nikkei staff writer

SINGAPORE -- DBS Group Holdings is implementing a new growth strategy with a focus on digitalization and an aim to equip all employees -- from CEO to front-line staff -- with a thorough knowledge of cutting-edge information technology.

Singapore's biggest bank was incorporated as The Development Bank of Singapore in 1968, but now wants to transform itself into the "Digital Bank of Singapore."

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