MAS penalty unlikely to derail DBS’ growth but sends clear signal on digital banking standards: Analysts

February 08, 2022 11:13 PM

SINGAPORE – A central bank requirement for DBS Bank to set aside an additional $930 million in regulatory capital to guard against operational risks is unlikely to derail the bank’s growth, even as it sends a clear signal for lenders to uphold high standards in digital banking, said analysts.

Source : https://www.straitstimes.com/business/banking/mas-penalty-unlikely-to-derail-dbs-growth-but-sends-clear-signal-on-digital-banking-standards-analysts