Fitch Ratings: Affirms DBS Group (D05.SG) and DBS Bank's "AA-" long-term issuer ratings with a "stable" outlook.

On May 14, Fitch Ratings confirmed the long-term issuer default ratings (IDRs) of DBS Group Holdings Ltd (DBS Group) and DBS Bank Ltd (DBS Bank) as "AA-". The outlook is stable. Fitch also confirmed the viability ratings (VR) of DBS Group and DBS Bank as "aa-". The government support ratings (GSRs) of DBS Group and DBS Bank have been upgraded from "a" to "aa-".