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Singapore’s DBS Says Banking Services Hit For Second Day

The disruption in its online banking services is the biggest faced by DBS in about a decade


DBS Bank
People attend a DBS event in Singapore. Photo: Reuters.

 

DBS Group Holdings, Southeast Asia’s largest bank, is facing disruptions in its online banking services for the second consecutive day on Wednesday after service outages began on Tuesday morning.

“Services were restored early this morning. Unfortunately yesterday’s digital banking issue has recurred and this has affected our services,” Singapore-based DBS said on its Facebook page on Wednesday.

The disruption in its online services is the biggest faced by DBS in about a decade.

DBS did not elaborate on the cause of the disruption.

Users reported outages as early as 5 am Singapore time (2100 GMT) on Wednesday, with more than 700 reports lodged by 9.46 am local time, showed outage monitoring website Downdetector.

 

  • Reuters with additional editing by Kevin Hamlin

 


 

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Kevin Hamlin

Kevin Hamlin is a financial journalist with more than 40 years of experience covering Asia. Before joining Asia Financial, Kevin worked for Bloomberg News, spending 12 years as Senior China Economy Reporter in Beijing. Prior to that, he was Asia Bureau Chief of Institutional Investor for ten years.

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