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BULLETIN: Development Bank of Singapore Sells DBS Bank Philippines

Published Aug 16, 2001

294 words — Published Aug 16, 2001

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About This Report

Abstract:

Standard&Poor's said that Development Bank of Singapore Ltd.'s (DBS; A+/Stable/A-1) recent sale of DBS Bank Philippines to Bank of the Philippine Islands (BBpi/--/--) will have no impact on the current ratings on DBS. The sale of DBS Bank Philippines represents a reorganization of DBS's interests in the Philippines as Bank of the Philippine Islands is an associate company of DBS.

Brief Excerpt:

RESEARCH BULLETIN: Development Bank of Singapore Sells DBS Bank Philippines Publication date: 16-Aug-2001 Standard & Poor's said that Development Bank of Singapore Ltd.'s (DBS; A+/Stable/A-1) recent sale of DBS Bank Philippines to Bank...

Report Type:

News

Ticker

1471Z@SP

Issuer

DBS Bank Ltd.

GICS

Diversified Banks (40101010)

Sector

Global Issuers, Structured Finance

Country

Singapore

Region

Latin America

Format:

PDF

Development Bank of Singapore Ltd. – 2001/11/01 – US$ 500.00

Summary: Development Bank of Singapore Ltd. – 2001/11/04 – US$ 225.00

BULLETIN: DBS Group Holdings Raising S$2.1 Billion in Equity – 2001/11/04 – US$ 150.00

Ratings on DBS Bank Affirmed After S$2 Bil. Capital Injection and S$2.8 Bil. Synthetic CLO – 2001/11/23 – US$ 150.00

BULLETIN: DBS Group Holdings Announces 28% Drop In Earnings – 2002/02/20 – US$ 150.00

S&PCORRECT: DBS Bank's Long-Term Counterparty and Debt Ratings Affirmed; Off CreditWatch – 2001/06/25 – US$ 150.00

DBS Bank's Proposed S$700 Mil Preference Share Issue Rated 'A-'; On CreditWatch Negative – 2001/05/15 – US$ 150.00

S&PCORRECT: DBS Bank's Proposed $850 Million Subordinated Notes Rated 'A-'; On Watch Negative – 2001/05/11 – US$ 150.00

S&PCORRECT: DBS Bank on CreditWatch Neg, Dao Heng Bank on Watch Pos After Majority Stake Bid – 2001/04/15 – US$ 150.00

Development Bank of Singapore Ratings Affirmed Following Vickers Bid – 2001/02/13 – US$ 150.00

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Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "BULLETIN: Development Bank of Singapore Sells DBS Bank Philippines" Aug 16, 2001. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Development-Bank-of-Singapore-Sells-DBS-Bank-Philippines-205980>

APA:	S&P Global Ratings’ Credit Research. (). BULLETIN: Development Bank of Singapore Sells DBS Bank Philippines Aug 16, 2001. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/BULLETIN-Development-Bank-of-Singapore-Sells-DBS-Bank-Philippines-205980>

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