DBS evaluated the loan based on a target to obtain timber and raw materials from sources certified by the Forest Stewardship Council (FSC).
The affirmation of the IDRs and the '1' Support Rating reflects Fitch's belief of a high probability that Singapore-based
DBS Bank Ltd.
Medtronic
DBS systems previously have been approved for MRI scans of the head only, under limited conditions.
The deal for Societe Generale Private Banking Asia (SGPB Asia) was announced in March, when
DBS said it would cover the purchase price with internal cash resources.
"The transaction is credit neutral because its size -- relative to
DBS' capital base -- is modest.
Moody's has also revised the outlook on all of
DBS Bank's ratings to stable from negative.
According to Brand Finance,
DBS had the highest brand value growth over the last year at USD 1.16 billion, which was a 50% increase over its 2012 brand value of USD 2.31 billion.
2 April 2012 - Singapore top lender
DBS has proposed to pay some IDR66.4trn (USD7.2bn/EUR5.4bn) in cash and stock to acquire Bank Danamon Indonesia, snatching at large growth opportunities in the rapidly developing Southeast Asian economy.
The partnership with
DBS further expands the JCBI merchant network in Hong Kong and Macau, allowing JCB cardmembers to enjoy a wider card acceptance in these two important markets.
On the coach's signal, the
DBs will begin to back-pedal.