The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms & Conditions.

All material subject to strictly enforced copyright laws. © 2020 Euromoney is part of the Euromoney Institutional Investor PLC
Best Bank Awards

Hong Kong's best bank for CSR 2021: DBS Bank

DBS Bank

Sebastian Paredes, CEO, DBS Bank.jpg
Sebastian Paredes, Hong Kong

Unlike past global crises when banks were in the spotlight, the health crisis caused by Covid-19 showed a somewhat different side of banking – one where they stepped up to support their staff, customers and the community, and more broadly, the economy during the pandemic.

In Hong Kong, DBS Bank stood out not only for its Covid-19 relief measures, but also for its continued actions in social and sustainable areas over the last year.

DBS, led by Hong Kong chief executive Sebastian Paredes, breaks down its corporate social responsibility approach into three areas: responsible banking, responsible business practices and creating social impact.

Under the first of these, DBS provides products and services that secure business for those who need it most. For instance, DBS worked with small and medium-sized enterprises last year through a financing guarantee scheme, offering a loan set-up and account-opening fee waiver, as well as a payment holiday.

The bank also partnered with local insurers to extend benefits to individuals who were diagnosed with Covid.

DBS

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree