DBS and Kexim form strategic alliance

As international banks withdraw from long-term financing in Asia, DBS takes advantage of an opportunity to grow its presence by forging an agreement with Korea Export-Import Bank.

DBS and Kexim form strategic alliance

DBS took a further step towards extending its regional franchise this week by cementing a strategic alliance with Korea Export-Import Bank Kexim.

On Monday, Singapore’s leading financial group and the Korean state-owned policy bank signed a memorandum of understanding MoU that aims to bind them to closer cooperation in infrastructure and project financing.

It is the first time that DBS has signed an MoU with a foreign export-import...

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