Overview of DBS Bank
DBS Bank Limited, often known as DBS, is a Singaporean multinational banking and financial services corporation headquartered at the Marina Bay Financial Centre in Marina Bay, Singapore. The bank was previously known as The Development Bank of Singapore Limited before the present abbreviated name was adopted on 21 July 2003. POSB Bank still operates one of the highest numbers of bank branches and ATM outlets in Singapore.
With operations in 15 markets and over 1,100 ATMs across 50 cities, the bank earned Global Finance’s “Safest Bank in Asia” for five consecutive years, from 2009 to 2013. DBS is one of Asia’s leading banks with over 9 million customers in 18 markets. The integration of both banks allowed customers to share facilities.
DBS focuses on digital banking, private banking, mobile banking, and internet banking. DBS is the largest bank in Singapore and Southeast Asia by assets and has six core markets: Singapore, Indonesia, India, China, Hong Kong and Taiwan. Besides, we are present in other Asian countries like Malaysia, Thailand, Vietnam and Japan.
DBS has been honored as the global winner for most Innovative in Digital Banking by Financial Times publication The Banker, in its 2021 Innovation in Digital Banking Awards.
DBS Awards and Recognition
DBS Bank has taken the top position in a list of the best banks in India. This is DBS Bank’s second consecutive win out of 30 domestic and international banks operating in India. The list was compiled by Forbes in partnership with market research firm Statista.
DBS’ rankings as the fourth-safest commercial bank in the world and 14th safest bank globally remain unchanged from 2019 and 2018.
FAQs about DBS Bank
-
Is DBS Bank trustworthy?
DBS has consistently been ranked among the safest banks globally, with high safety ratings. -
Is DBS debit card free?
Yes, the DBS Visa Debit Card comes at no cost to the cardholder. There are no required signup fees or annual fees (for the initial year and subsequent years).
Corporate Information
-
Who owns DBS Bank?
DBS BANK is a Subsidiary Company of DBS Group Holdings Ltd. -
DBS Bank Company Registration Details:
- Unique Entity Number: 196800306E
- Operating Status: Live
- Operating Duration: Over 50 years
- Principal Activity: Full banking services
DBS headquarters is located at Marina Bay Financial Centre in Singapore, while its China office is in the Pudong District, Shanghai. In the United States, the DBS office is located at 725 South Figueroa Street Suite 2000, Los Angeles CA 90017, USA. The DBS Bank (China) Limited office is situated on the 18th Floor of DBS Bank Tower, 1318 Lu Jia Zui Ring Road.