DBS : Bank DBS Indonesia named “Best Investment Bank” by Global Finance | Bahasa

The winners are selected based on a number of criteria, including entries from banks, market share, number and size of deals, service and advice, structuring capabilities, distribution network, efforts to address market conditions, innovation, pricing, after-market performance of underwritings, and market reputation. Each banking institution was assessed by Global Finance's editorial team with input from industry experts with deals announced or executed during 2022 taken into consideration.

Commenting on the achievement, Director of Institutional Banking Group at PT Bank DBS Indonesia Kunardy Lie said, "It is an honour for Bank DBS Indonesia to be named 'Best Investment Bank' by Global Finance. We realise that investment is an important element in growing the country's economy. Therefore, going forward, Bank DBS Indonesia will continue to strive to facilitate investment across sectors and industries through our digitalised services and increase ESG (environmental, social, and governance)- based cooperation to create a positive impact on the environment, society, and the country."

Bank DBS Indonesia's commitment to promoting ESG-based investments is demonstrated through the financing provided over the past few years. Companies such as eFishery, Indonesia's first aquaculture technology startup, received US$3.3 million in loan to revolutionise the aquaculture sector and improve the welfare of fish and shrimp farmers in Indonesia. In addition, Bank DBS Indonesia provided transition financing worth US$27.5 million for Indika Energy through its subsidiary PT Jaya Bumi Paser (JBP) to finance the development of sustainable biomass new and renewable energy sources. Regionally, DBS Bank's sustainable finance portfolio stood at S$52.7 billion as of June 30, 2022, surpassing its target of S$50 billion well ahead of 2024.

Regionally, DBS Bank won several categories at the same awards, namely the first place in the technology sector, the fourth place in the "Best Investment Bank" category in Asia-Pacific, the ninth place in the "Best Investment Bank" category in Singapore, and the first place in the "Best Investment Bank" category in Taiwan.

For more information about Bank DBS Indonesia, please visit our website at https://www.dbs.id/id/ or 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 14 consecutive years from 2009 to 2022.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region's most dynamic markets. 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 social enterprises: businesses 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 communities with future-ready skills and building 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.