Singaporean multinational banking and financial services company
DBS Bank Limited
Headquarters in Marina Bay, Singapore
Formerly
The Development Bank of Singapore Limited (1968–2003)
Company type
Public
Traded as
SGX: D05
Industry
Banking
Predecessor
Financing division of the Economic Development Board
Founded
16 July 1968; 55 years ago (1968-07-16)
Headquarters
Marina Bay Financial Centre, Singapore
Area served
Singapore, Indonesia, Malaysia, Thailand, Vietnam, India, China, Hong Kong, Taiwan, Japan, South Korea, Australia, United Arab Emirates, United Kingdom
The Development Bank of Singapore, often known as DBS Bank Limited, is a Singaporean multinational banking and financial services corporation headquartered at the Marina Bay Financial Centre in the Marina Bay district of Singapore. The bank was previously known as The Development Bank of Singapore Limited, which "DBS" was derived from, before the present abbreviated name was adopted on 21 July 2003 to reflect its role as a global bank.[2] It is one of the "Big Three" banks in Singapore, along with OCBC Bank and the United Overseas Bank (UOB).
DBS is the largest bank in Southeast Asia by assets and among the largest banks in Asia, with assets totaling S$739 billion as of 31 December 2023.[update][3] It also holds market-dominant positions in consumer banking, treasury and markets, securities brokerage, equity and debt fund-raising in other regions aside from Singapore, including in China, Hong Kong, Taiwan and Indonesia.[2]
^ abcde"DBS Annual Report 2022" (PDF). DBS.
^ ab"The Development Bank Of Singapore Ltd is Now DBS Bank Ltd". DBS Bank. 21 July 2003. Archived from the original on 14 July 2014. Retrieved 3 October 2020.
The Development Bank of Singapore, often known as DBSBank Limited, is a Singaporean multinational banking and financial services corporation headquartered...
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Bank Limited The Bank of Tokyo-Mitsubishi UFJ Limited The Bank of New York Mellon Limited Credit Suisse Limited Middle East Investment Bank LTD DBS Bank...
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Commercial Bank KGI BankDBSBank (Taiwan) Taishin International Bank Jih Sun International Commercial Bank EnTie Commercial Bank CTBC Bank - China Trust...
Markets) China CITIC Bank China Construction Bank (CCB International Holdings) CIMB Commerzbank Crédit Agricole Daiwa Securities DBSBank (Capital Markets...
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Global Information
S$16.5 billion (2022)[1]
S$57.07 billion (2022)[1]