Lending a hand to emerging enterprises with a cause
It's not just about the dollars and cents with DBS Bank.
The financial institution, established in 1968, is involved in numerous community initiatives with a focus on social enterprises.
In 2008, it introduced the first transaction banking account tailored to social enterprises in Singapore, the Social Enterprise Banking Package. The initiative was spearheaded by the DBS SME Banking team and provides virtually free banking services to Singapore social enterprises and offers loans at half the market rate.
This article was first published in The Business Times.
Read more at http://www.businesstimes.com.sg/companies-markets/company-of-good/lending-a-hand-to-emerging-enterprises-with-a-cause