Bank DBS Indonesia Co-operates with MLC Life Indonesia to Launch Dollar Protection Plus
www.mlcindonesia.com, 2005-09-21
On 6 September 2005, Bank DBS Indonesia and MLC Life Indonesia signed a business agreement in regards to the launching of Dollar Protection Plus, a Single Premium Unit Link product that combined life insurance and investment and promised stable investment value that could reach 5 percent per year.

DBS Targets Rp.100 Billion Profit
Bisnis Indonesia, page B1, 2005-02-26
In 2005, PT Bank DBS Indonesia targets to acquire Rp.100 billion in profit, which is a 100 percent increase than 2004’s profit, and open 8 branch offices in the country. The private Indonesian-Singaporean bank is optimistic that it will be able to reach its target due to the fact that DBS Indonesia has the highest and fastest asset growth compared to other DBS branches in Southeast Asia. In 2004, DBS Indonesia was able to increase its assets to Rp.5 trillion and its distributed credit to Rp.3 trillion. For 2005, DBS Indonesia aims to distribute Rp.6 trillion in credit. PT Bank DBS Indonesia is a subsidiary of DBS Bank Singapore, the largest bank in Southeast Asia with an estimated total asset of Sin$176 billion.