DBS launches B2B portal for SMEs

Singapore

DBS on Tuesday announced that it will be developing a business-to-business (B2B) platform to give small and medium-sized enterprises (SMEs) access to a new marketplace to sell their goods and services to large corporate and multinational companies (MNCs).

The platform will also grant these SMEs access to supply-chain connections, as well as financing and payment solutions that are usually open only to large corporates or MNCs.