DBS Bank

EconomyWatch Content
Last Updated:

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only.


 


 

The DBS bank is one of Asia’s largest banking institutions, which extracts a large chunk of business from Southeast Asia. The bank offers comprehensive banking solutions to:[br]

  • retail customers

  • small and medium enterprises

  • corporate clients

 

DBS was recognized and awarded as the ‘Best Asian Bank’ at the FinanceAsia Country Awards for Achievement 2009.

DBS Bank: Company Profile

The DBS Bank was set up in 1968 as the Development Bank of Singapore under the auspices of Singaporean government. Having played a vital role in the newly independent country’s economic revitalization process, it acquired several banks in China, India, Taiwan, and Hong Kong to extend its reach.

 

By 2009, the bank made its presence clearly in 16 nations across Asia and the Middle East including:

  • China

  • Hong Kong

  • India

  • Indonesia

  • Malaysia

  • Philippines

  • Singapore

  • Taiwan

  • Thailand

  • USA

 

With innovative banking solutions and an effective blend with technology, the DBS bank evolved as Asia’s largest financial group. It has also diversified its financial services to incorporate:

  • investment services

  • wealth management solutions

  • equity market strategies and solutions

 

Owing to its large capital stocks, DBS bank enjoys ‘Aa1’ credit ratings (Moody’s Global Credit Research) and ‘AA-‘ (Standard & Poor’s), which is one of the highest in the Asian region.

DBS Bank: Products and Services

With its headquarters in Singapore, the bank’s business development teams design country-specific products and services. They are offered by DBS across global branches and these include:

 

Personal Banking:

  • Deposits

  • ATM services

  • Checking

  • Credit cards

  • Loans

 

Enterprise Banking:

  • Credit facilities

  • Account services

  • Cash management

  • Trade finance

 

Corporate Banking:

  • Business accounts

  • Business cards

  • Payment services

  • Insurance[br]

 

DBS Treasures: This service is available only to the most valued clients. DBS Treasures clients receive priority banking and financial profiling services.

 

Private Banking: Advisory and investment solutions in:

  • mutual funds

  • bonds

  • equities

  • commodities

 

Fund Management: DBS asset management services are available in Singapore, Hong Kong, India, China and Malaysia.  

 

Under this service, DBS offers personal asset management experts to retail, enterprise and corporate clients.

 

About EconomyWatch Content PRO INVESTOR

Follow The Money