Since 2006, DBS SME Banking collaborated with one of the largest footwear and lifestyle retailers in South East Asia, the Transmarco Group. Some of its brands are very familiar to the Indonesian society, namely Hush Puppies & Obermain.
In the process, DBS SME Banking assisted Transmarco Group in financing the purchase of their first building at 12 Harper Road, Singapore. Up until now, this group has at least more than 200 shops in shopping centers and around 600 retail counters. As many as 3,000 people supported Transmarco Group's retail and business operations. In 2012, Transmarco Group expanded its business by establishing PT. Transmarco.
Transmarco Group’s journey is the vision and dream of every businessman. Starting from small to large corporations and the products are known everywhere. One of the reasons it happened is contributed by DBS SME’s regional connectivity applied in Transmarco Group.
With DBS SME Banking regional connectivity, DBS in Indonesia and Singapore work together to provide and improve banking facilities, in order to fulfill customer expansion plans as was done for the Transmarco Group. The success also made DBS the sole banker for the Transmarco Group. DBS provides credit lines, facilitates FX / Treasury, internet banking and cash management / cash delivery.
“DBS has become an integral part of our expansion to Indonesia, Malaysia and Singapore and has helped us to the next stage of success as a shoe retail and distribution company including being the leading lifestyle brand in various regions.”, said the CEO of PT. Transmarco, Anton S. enthusiastically about DBS which was awarded The Best SME Bank in the World by Euromoney.
For the sake of continuing to build better banking relationships with customers, DBS Indonesia and Singapore take extra steps to be able to provide the same experience that the Transmarco Group feels to other customers. DBS SME Banking seeks to make transaction processes and rules more efficient in both markets, provide better comfort and try to make banking simpler so that it is easily understood by customers.
DBS SME Banking continues to prioritize customers to be able to have freedom and concentrate on their business activities, without having to worry or sacrifice their banking activities. DBS SME Banking also tries to help customers to easily expand regional business connections that is being executed.
Click the following link to find out more about the DBS financial program:
Account opening : here
Financing programme: here
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