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DBS reported net profit of SGD 3.62 billion and return on equity of 13.3% for first-half 2022. For the second quarter, net profit rose 7% from a year ago to SGD 1.82 billion, the second highest in history.
We are humbled that DBS Bank has once again been named World's Best Bank by US-based financial publication Global Finance Magazine. In 2021, we turned in our best year ever, delivering record earnings while unwavering in our support for customers, employees and the community. This award reinforces our position as an industry leader and a forward-looking institution that is ahead of the curve.
We're thrilled to be named one of Fast Company's Best Workplaces for Innovators! DBS Bank is the only Singapore-based company and second-highest ranked Asian company on the list, which celebrates company cultures that empower employees at all levels to improve processes, create new products, or invent new ways of doing business.
As part of our commitment to empower ALL our employees to be their best at work and in life, DBS CEO Piyush Gupta announced a series of enhanced benefits during our quarterly townhall yesterday, which will better cater to the changing needs of our diverse workforce. As an organisation that wants to empower our employees in building fulfilled and long term careers in the bank, we are heartened to share that all employees will benefit in one way or another from the enhanced suite of benefits that provide the flexibility for employees to decide how best they want to take care of their personal wellbeing.
Dr Tan See Leng, Singapore Minister for Manpower and Second Minister for Trade & Industry was speaking to DBS employees at the third instalment of FutureForward Week, DBS’ annual marquee learning event that was launched during the pandemic to inspire and energise employees to reimagine the future and thrive in the new normal. Now in its third edition, this year’s theme focuses on empowering employees to bring out the “Best in Me (them)”, encouraging them to embrace upskilling and reskilling, anchored upon the DBS Triple E (Education, Exposure and Experience) approach to career development.
DBS Q1 net profit at SGD 1.8 billion. This is the second highest on record.
DBS is honoured to be recognised at the recent NTUC May Day Awards where we were recognised for our contributions in advancing our employees’ interests, ensuring they remain employable for life, while continuously striving to enhance their well-being. These awards reflect our commitment to 1) Building a future-ready workforce 2) Offer greater flexibility for our employees to work-from-home 3) Enabling effective hybrid work 4) Caring for our employees' wellbeing At DBS, every employee matters. Learn more how you will be empowered to have a fulfilling career at DBS here: https://go.dbs.com/3wCAR57
DBS is honoured to be named one of the 2022 LinkedIn Top Companies, recognised as one of the best workplaces in Singapore for career growth! Through our continuous upskilling & reskilling initiatives, flexible work arrangements and permanent hybrid work model, we are committed to make DBS a place where diverse talent can build long term careers and lead fulfilled lives.
DBS has stepped up its efforts to enable hybrid work in various ways, and our DBS JoySpaces are here to support the hybrid working environment. While remote working can provide flexibility and efficiency for employees, there are certain limitations when working from home, including blurring of work-life boundaries, interruptions due to personal or family responsibilities or face social isolation being away from colleagues in the office. Our JoySpaces redefine the role of the office as a place that boosts collaboration and connections for employees to make their time in the office meaningful. Read more about the genesis of our JoySpaces in the link below.
DBS was honoured to celebrate International Women’s Day in Singapore this year with Minister for Sustainability and the Environment Ms Grace Fu, who shared valuable insights and her personal experiences with diversity & inclusion that resonated with us. Women currently comprise 50% of our workforce and 40% of our senior management. We are committed to building strong communities so that we can create an inclusive workplace where all employees can grow and thrive. Read more in the link below.
