DBS is proud to be South-east Asia's largest banking group. Constantly improving and innovating to keep ourselves ahead of the market, our strong belief in putting the customer first has helped us become who we are today. Here are some key facts about our current operations:
Helping grow Singapore's wealth since Day 1
- Largest commercial banking group in Singapore and Southeast Asia
- Established in 1968 as Singapore's development bank
- Origins dating back to 1977, with the establishment of the Post Office Savings Bank
- Net Profit: SGD 3.04 billion (2011)
- Total Income: SGD 7.63 billion (2011)
- Total assets: SGD340.8 billion (2011)
Among the highest credit ratings in Asia-Pacific region, and strong capital adequacy ratios
- Aa1: Moody's Long-term Issuer Rating
- AA-: S&P's Counterparty Credit Rating
- Core Tier 1 Capital Adequacy Ratio (CAR) of 11.0% as at 2011
- Tier 1 CAR of 12.9% as at 2011 (vs. current minimum requirement of 6%)
- Total CAR of 15.8% as at 2011 (vs. current minimum requirement of 10%)
Largest Bank in Singapore
- Total assets: SGD 340.8 billion as at 31 Dec 2011
- 81 branches, 1,500 self-service machines
- Over 4 million retail and corporate customers
- Market leader for deposits, mortgages, credit cards, autoloans, SGX equity and SGD
Leading Bank in Hong Kong
- Total assets: HKD 279.1 billion as at 31 Dec 2011
- 56 branches, 71 self-service machines
- Over 1 million customers
- Well-established SME franchise
Strategic Partnerships in Asia
- Hwang DBS Investment Bank in Malaysia; Partner with 27.7% stake
- The Islamic Bank of Asia; First Islamic Bank in Singapore, a partnership between DBS and prominent investors in Gulf Cooperation Council countries
- Changsheng Fund Management; 33% stake in this joint venture fund management company in China
- Nikko Asset Management; 7.25% stake in one of the largest asset managers in Asia