Dairy Farm Singapore awards trade mandate to DBS

DBS implements a new working capital solution for the Singapore retailer.

Dairy Farm Singapore awards trade mandate to DBS

DBS Bank has launched a supplier financing programme with retail group Dairy Farm Singapore and, according to the bank, it is the first of its kind for the retail industry in the country. Dairy Farm operates more than 800 retail stores in Singapore under the 7-Eleven, Cold Storage, Giant hypermarket, Guardian Health and Beauty, Market Place and Shop N Save supermarkets brand names.

“DBS recognises the growing trend of supply chain financing in the...

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