‘Boring is not bad’: CEO of Southeast Asia’s largest bank pitches Singapore as a haven amid global turmoil

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DBS Group CEO Tan Su Shan presented Singapore as a financial safe haven at a conference in the city-state, describing it as predictable and almost boring in the face of global volatility. Southeast Asia’s largest bank, whose biggest shareholder Temasek manages 518 billion Singapore dollars (404 billion US dollars) in assets as of March 31, positions itself as a partner to help businesses diversify their supply chains amid geopolitical tensions and logistics disruptions worldwide. With one of the safest credit ratings globally and AAA-rated debt, Singapore continues to attract investors seeking certainty in an uncertain economic environment.

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Telemac
Telemachttp://cryptoinfo.ch
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