DBS has announced it will provide a special one-time bonus of S$1,000 to its junior-ranked employees.

The initiative will benefit more than 23,000 staff members across the bank’s global operations, including approximately 6,800 employees in Singapore.

This year’s allocation of S$18 million for junior staff follows a trend of performance-related payouts at the bank.

In 2025, following a record-breaking financial year in 2024 where net profit rose 11% to S$11.4 billion, DBS had set aside a larger pool of S$32 million for a similar S$1,000 bonus that extended to all employees except senior management.

The current S$18 million initiative is also significantly higher than a previous supplement provided in 2024, which amounted to S$5 million for junior-ranked staff.

DBS Chief Executive Officer Tan Su Shan stated,

“In spite of a difficult environment, DBS delivered a resilient set of results and we wanted to specially recognise the contributions of our junior staff.”

In its latest financial reporting for the fourth quarter of 2025, DBS recorded a 10% year-on-year decline in net profit to S$2.26 billion.

For the full year, net profit fell by 3% to S$10.93 billion, largely due to interest rate headwinds and a higher tax burden following the implementation of the 15% global minimum tax.

While Tan anticipates that 2026 earnings may sit slightly below 2025 levels due to further rate cuts and currency fluctuations, the bank remains focused on its digital transformation and wealth management growth.

The one-off bonus serves as a bridge, acknowledging staff contributions even as the “record-breaking” pace of previous years transitions into a more “resilient” and stabilised performance.

Featured image credit: Edited by Fintech News Singapore, based on image by Borin via Freepik