With a Core Tier 1 capital adequacy ratio (CAR) of 11.0% and a Tier 1 CAR of 12.9% as at 2011, well exceeding the minimum requirements, DBS is amongst the most well capitalised banks in the world. We have also been recognised as 'Safest Bank in Asia' by Global Finance for 4 consecutive years from 2009 to 2012 and rated 5th strongest bank worldwide by Bloomberg in 2011, adding to a growing list of awards that has made us one of Asia's leading financial institutions.
* AA- counterparty credit rating by S&P's, 2011.
Aa1 long-term issuer rating by Moody's, 2011.