DBS Foundation Launches Rp48 Billion Initiative for Marginalized Communities

Comprehensive Program for Financial Inclusion

DBS Foundation, in partnership with Bank DBS Indonesia, has launched a significant empowerment program for marginalized communities with a funding allocation of Rp48 billion. The initiative focuses on enhancing financial capabilities and economic resilience among micro and small enterprise owners, particularly women and youth, through strategic collaborations with Mercy Corps Indonesia and Plan International Indonesia.

Key Program Components

1. Financial Inclusion for Women Entrepreneurs: A two-year program targeting 40,000 women and young entrepreneurs in Semarang, Surabaya, and Medan. The initiative provides training in digital literacy, financial management, access to formal financial services, and digital marketing.
2. You Rise Program: A collaborative effort with Plan Indonesia to equip 100,000 young people (60% women, 3% persons with disabilities) with skills, financial literacy, and job access over two years in Jakarta, Medan, and Surabaya.

Strategic Impact

The programs address critical gaps in financial literacy and access to formal financial services, particularly among women entrepreneurs. Data from the 2025 National Financial Literacy and Inclusion Survey shows that only 65.58% of women have financial literacy compared to 67.32% for men. The initiative aims to bridge this gap through comprehensive training and access to financial products.

Long-term Commitment

This latest initiative is part of DBS Foundation's broader SGD 1 billion commitment over 10 years to drive social impact across Asia. Previous collaborations include a SGD 9 million program launched in January 2025 with The Asia Foundation and other partners.

Recognition of Efforts

DBS Bank Ltd was recognized as World's Best Bank for Corporate Responsibility by Euromoney in July 2025, reinforcing the impact of their social initiatives. The foundation's comprehensive approach to community development demonstrates the bank's commitment to creating sustainable social impact beyond banking services.