Singapore bank DBS says deposits safe after two-day tech outage


FILE PHOTO: A man walks past DBS signage in Singapore, Oct. 8 2019. REUTERS/Feline Lim/File Photo

SINGAPORE (Reuters) -DBS Group Holdings Ltd, Southeast Asia's largest bank, assured customers on Wednesday that their deposits and monies were safe as its online banking services faced disruption for the second consecutive day.

The disruption, including to its payments app, is the biggest suffered by Singapore's DBS since a major glitch in 2010 left customers unable to withdraw cash from ATMs for hours. That resulted in the bank facing central bank supervisory action.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read