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The Development Bank of Singapore Limited was established on 16 July 1968 by the Singapore government to take over the industrial financing responsibilities of the Economic Development Board (EDB) and began operations on 1 September 1968. [11] The bank's main function upon its establishment was to finance Singapore’s industrialisation and the ...
Rank Bank name Country Total assets (US$ billion) 1 DBS Bank Singapore 509.1 2 OCBC Bank Singapore 402.2 3 United Overseas Bank Singapore 340.7 4 Maybank Malaysia 213.2 5
DBS Bank (Hong Kong) Limited (Chinese: 星展銀行（香港）有限公司) is a licensed bank incorporated in Hong Kong and is a subsidiary of DBS Bank headquartered in Singapore. As of 2022, it is the eighth-largest bank in Hong Kong by total assets.
Shares of DBS rose as high as 2.8%. The bank is the first of Singapore's major banks to report its earnings; United Overseas Bank Ltd. and Oversea-Chinese Banking Corp will follow later this month.
By total assets. Industrial and Commercial Bank of China, the largest bank in the world by total assets. This list is based on the April 2024 S&P Global Market Intelligence report of the 100 largest banks in the world. The ranking was based upon assets as reported and was not adjusted for different accounting treatments. [1]
Piyush Gupta BBM ( Hindi: पीयूष गुप्ता; born 24 January 1960) is an Indian-born Singaporean banker [1] and the chief executive officer (CEO) of DBS Group, the largest bank in Southeast Asia by total assets. [2] [3] He is vice-chairman of the Institute of International Finance, and a board member of Enterprise Singapore.
Parent. DBS Bank. Website. www .posb .com .sg. Post Office Savings Bank ( Chinese: 郵政儲蓄銀行; pinyin: Yóuzhèngchǔxù Yínháng ), often known as POSB Bank, is a Singaporean bank offering consumer banking services and is the oldest local bank in continuous operation in Singapore and currently operates under the DBS Bank. [1] [2]
As one of the top five financial centres worldwide, Hong Kong has one of the highest concentrations of banking institutions in the world, with 70 of the largest 100 banks in the world having an operation in Hong Kong. As of 2019, there were 164 licensed banks, 17 restricted licence banks and 13 deposit-taking companies in business, constituting ...