SINGAPORE (Nov 18): DBS has become the first bank in Singapore and Southeast Asia to adopt the Equator Principles, which will see it go the extra mile in disclosing information related to large-scale developments that it is involved in.

This is a step further than the due diligence processes the bank already adheres to when assessing large project financing deals.

The Equator Principles is a globally recognised risk management framework adopted by financial institutions for determining, assessing and managing environment and social risk in development projects.

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