SGX:D05Banks
DBS’ RMB Clearing Role And S$8 Billion Capital Return Might Change The Case For Investing In DBS Group Holdings (SGX:D05)
DBS Group Holdings has been appointed as Singapore’s second renminbi (RMB) clearing bank and has outlined an S$8.00 billion capital return plan through 2027, combining share buybacks and capital-return dividends.
This dual move both deepens DBS’s role in regional RMB trade and payments infrastructure and formalises a multi-year framework for returning excess capital to shareholders.
We’ll now examine how DBS’s new RMB clearing role and multi-year S$8.00 billion capital return plan reshape...