(The following statement was released by the rating agency)
SINGAPORE, September 13 (Fitch) Fitch Ratings has assigned DBS
Bank Ltd.'s (DBS)
USD20m 15-year callable range accrual notes due 20 September
2031 (ISIN:
XS1483427842) a rating of 'AA-(emr)'. The notes, whose terms and
conditions are
final, will be issued on 20 September 2016 under DBS's USD5bn
structured note
programme. The (emr) suffix indicates that the rating only
reflects the
counterparty credit risk of DBS, and excludes the e
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