Will DBS' fixed-rate mortgage move be enough to keep its lead?

Singapore

SINGAPORE'S biggest mortgage player DBS is still not going down the well-trodden path of actively offering home loans linked to the Singapore interbank offered rate (Sibor) - though the fall in Sibor could lure customers away from its flagship product, which is tied to the bank's fixed deposit rates.

With that, DBS is counting on its fixed-rate home loans to draw customers or risk losing market share in the competitive mortgage market, where the bank holds the lion's share of home loans.