The Monetary Authority of Singapore (MAS) has reportedly imposed on DBS Bank Ltd (DBS Bank) an additional capital requirement.
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Service disruption: MAS orders DBS to set aside $1.6b as regulatory capital
A disruption to DBS Bank’s digital banking and ATM services on Friday and an earlier widespread disruption on March 29 mean the additional capital requirement it must set aside now stands at about $1.
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DBS ordered to set aside regulatory capital totalling $1.6b after repeated disruptions: MAS
A disruption to DBS Bank’s digital banking and ATM services on Friday and an earlier widespread disruption on March 29 means the additional capital requirement it must set aside now stands at about $1 ...
MAS ups DBS’ additional capital requirement to S$1.6 billion after successive disruptions
SINGAPORE: The Monetary Authority of Singapore (MAS) has imposed an additional capital requirement on DBS Bank in the wake of two successive service disruptions in the space of just over a month. Onli ...
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DBS digital banking services disrupted for second time in under 2 months; ATMs also affected
SINGAPORE: DBS online banking and payment services were disrupted on Friday (May 5) for the second time in less than two months. Customers reported difficulties logging in to DBS/POSB digital banking, ...
DBS digibank services, including Paylah! disrupted again; second time in 2 months
Thousands of DBS Bank customers in Singapore on Friday (May 5) said they were unable to use DBS digibank online and mobile services for about an hour from around 12.30pm.DBS’ digital banking services, ...