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DBS Bank

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2023

    Repeated digital-banking outages and regulatory action

    DBS suffered several significant service disruptions affecting digital banking, payments, ATMs and card functions. MAS criticised the bank’s system availability and recovery performance, imposed additional operational-risk capital requirements and introduced temporary restrictions on selected business and IT activities.