DBS signs 10-year outsourcing agreement with IBM

500 staff in Hong Kong and Singapore to leave the bank for Big Blue.
November 13, 2002

DBS Bank and IBM have announced an agreement in which DBS will outsource selected IT services and infrastructure in Singapore and Hong Kong to IBM. The nominal value of the contract is estimated at about S$1.2 billion ($679 million) for Singapore and Hong Kong over the next 10 years.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media