DBS Group Holdings Ltd Stock (SGX: D05): Latest News, Share Price, Dividend Outlook, and Analyst Forecasts as of 17 Dec 2025
DBS Bank was named Singapore’s second renminbi (RMB) clearing bank on 15 December 2025, gaining approval to operate in China’s onshore OTC bond market. Shares closed at S$55.05 on 17 December, near 52-week highs. The move is expected to deepen DBS’s RMB capabilities for cross-border settlement and expand transaction services as interest rate tailwinds fade.