Singapore's DBS says access to digital services "intermittent"

March 29, 2023 06:33 PM AEDT | By Reuters
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(Reuters) - Singapore's biggest bank DBS Group Holdings said on Wednesday that access to its digital services remains "intermittent" in the city-state as of late afternoon, several hours after an outage affected its services.

"Please be assured that your deposits and monies are safe and secure," the lender, which is also Southeast Asia's biggest bank, said in a latest Facebook post. "We are sorry for the inconvenience caused."

In late 2021, DBS faced a two-day disruption to its digital banking services, which led the country's central bank to imposean additional capital requirement of about $692 million on the bank in February last year.

DBS shares were mostly unchanged in a steady market.

(Reporting by Yantoultra Ngui in Singapore and Kanjyik Ghosh in Bengaluru; Editing by Christina Fincher)


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