Credit Ratings

Maintaining strong credit ratings is a key element of the Group’s financial policy. DBS is currently one of the highest rated banking groups in Asia.

Non-operating holding company
 
DBS Group Holdings     Outlook ST senior LT senior
Moody's Negative P-1 Aa2
Fitch Stable F1+ AA-
 
Sole operating subsidiary of DBS Group Holdings
 
DBS Bank     Outlook ST senior LT senior
S&P Stable A-1+ AA-
Moody's Negative P-1 Aa1
Fitch Stable F1+ AA-
 
Key operating subsidiaries of DBS Bank
 
      Outlook ST senior LT senior
DBS Hong Kong S&P Stable A-1+ AA-
Moody's Negative P-1 Aa3
Fitch Stable F1+ AA-
 
DBS China   S&P Negative A-1+ AA-
 
DBS Taiwan   Moody's Stable P-1 A2
Fitch Stable F1+ AA-