In our Golden Jubilee year, we were delighted to have flown the Singapore flag high with our global awards.
DBS was concurrently named “Bank of the Year — Global” by The Banker and “Best Bank in the World” by Global Finance, a first for a bank anywhere in the world. From private banking to SME banking to cash management, we were also recognised as being the best globally.
It shows how far we have come — from our development bank roots, we have evolved to become not just a leader in Asia but also increasingly a bank with global stature.
“DBS is a very worthy winner of The Banker’s Bank of the Year — Global award. The bank is a world leader in digital transformation and has successfully shown how banks must change culture — as well as technology — to counter the threat to their business from big technology companies.”
- The Banker
“To be named Best Bank in the World in today’s rapidly evolving financial services industry requires a special combination of safety and innovation. DBS Bank took the title on the strength of its digital transformation, strong financials and good corporate citizenship.
DBS is a bellwether in more ways than one: the first institution from either Singapore or Asia as a whole to receive the top honour and distinguished in large part through its efforts to make banking simpler and more efficient through technology. Asia is home to the fastest-growing economies in the world, and DBS’ selection boldfaces the increasingly high profile of institutions in this region.”
– Global Finance
“DBS has shown the power of being articulate about digital banking and the bank has long since entrenched an entrepreneurial, tech-led culture which pervades every business line and every level of seniority. But being able to get into the details and explain how and why a digital path is one paved with profits? That’s a new and important step.”
– Euromoney
“As with everything else at DBS, a world leader in digital innovation, automation is at the heart of the SME offering. The firm is leveraging the efficiency and craft it has built in digital to take it into the markets that surround its home base.”
– Euromoney
“DBS is clearly a leading bank by international standards in many ways and is constantly enhancing its organisation, mindset and strategy towards the development of this space. The bank is an SME powerhouse with a well thought-out four-pillar strategy in place and ranks without doubt among the leading SME banks in the world.”
– International Finance Corporation
“If there is one bank shaking up the world of cash management, it is Asia-based DBS. DBS sweeps the board in the global overall services categories, from business functions to tech provision.
25,000 cash managers, treasurers and CFOs worldwide were asked to rank and assess their top providers of cash management services... providing unique insight into which banks are meeting their clients’ needs best. And the overwhelming answer is DBS.”
– Euromoney
“The category for innovation is one of the most fiercely contested and DBS have established themselves as the leader in this field globally. DBS is also being acknowledged for excellence in winning awards in four categories — the only bank to do so this year: Best Private Bank in Asia, Best Private Bank in Singapore, Best Private Bank for Customer Service in Asia and Best Private Bank for Innovation.”
– PWM/ The Banker
“DBS Private Bank secured this year’s top spot in the benchmarking with its all-in-one wealth management digital solution iWealth. The iWealth platform is a prime example of what we recognise as being among the most important digital trends in online and mobile wealth management: a seamless customer experience and omnichannel integration.”
– MyPrivateBanking (now Cutter Wealth)
“DBS has picked up the highest honours in the application programming interfaces (APIs) category for its transformational ‘Making Banking Invisible via APIs’ project, further cementing its reputation as a digital leader. The Singapore bank launched its API developer platform in November 2017, and now has more than 350 APIs available to support business and customers’ needs.”
– The Banker
“Once again DBS shines as a leading light in banking. DBS is ranked the Safest Bank in Asia, and with strength around the world, also earned a top score among commercial banks and a place among the 15 Safest Banks worldwide. These results underscore DBS’ reliability for investors, corporate clients and retail depositors alike. Although the list changes from year to year, DBS always ranks at the top.”
– Global Finance