Singapore's DBS, Banque Saudi Fransi join forces to boost payment flows across Asia, GCC

DBS and BSF Forge Alliance Between Asia and Saudi Arabia

A new Singapore–Riyadh partnership set to accelerate trade, investment, and remittance flows across the fast-growing Asia-GCC corridor. (on the image, from left) Sriram Muthukrishnan, Group Head of Global Transaction Services Product Management, DBS; Simon Ong, Group Head of Financial Institutions and Government-Linked Corporates, DBS; Faisal Darwish, Head of Institutional Banking, BSF; Badr Alnowaisser, Head of Financial Institutions, BSF. DBS,…

DBS and Saudi bank link up to boost payment flows

DBS Group, the largest bank by assets in Southeast Asia, has partnered with Riyadh-based Banque Saudi Fransi to strengthen trade finance and payment flows between Asia and Saudi Arabia, it said on Thursday. The partnership, aimed at capitalising on the economic ties within the Gulf Cooperation Council region, will involve collaboration on trade settlement, financing and regional currency-clearing solutions, Singapore-based DBS said in a statemen…

DBS and Banque Saudi Fransi join hands to expand trade finance across Asia–GCC corridor - Connected to India News I Singapore l UAE l UK l USA l NRI

Singapore-based DBS, the largest bank in Southeast Asia, has entered into a strategic partnership with Banque Saudi Fransi of Riyadh to boost trade finance and payment flows between Asia and Saudi Arabia. The collaboration aims to strengthen economic connectivity between the two regions as trade and investment ties continue to expand rapidly. (Left to Right) Sriram Muthukrishnan, Group Head of Global Transaction Services Product Management, DBS;…

DBS and Banque Saudi Fransi Partner to Boost Asia-GCC Trade, Payment Connectivity - Fintech Singapore

DBS has teamed up with Banque Saudi Fransi to deepen trade and payment connectivity across Asia and the Gulf Cooperation Council region. The partnership, signed on the sidelines of Sibos 2025 in Singapore, aims to promote trade and capital flows across the Asia–GCC corridor through enhanced trade settlement, financing and regional currency clearing. It supports businesses and consumers engaged in cross-border trade, investments and remittances. …

DBS, Banque Saudi Fransi join forces to boost payment flows across Asia, GCC

The partnership will boost GCC trade, finance and currency-clearing collaboration across the region

Singapore's DBS, Banque Saudi Fransi join forces to boost payment flows across Asia, GCC

The partnership will involve collaboration on trade settlement, financing and regional currency-clearing solutions, Singapore-based DBS said