DBS Bank opened its first representative office in Beijing in 1993 and was among the first group of foreign banks and the first Singapore bank to incorporate in China in May 2007.
DBS China currently operates out of 11 branches and 23 sub-branches and has more than doubled its staff strength to over 2,300. DBS China’s business focuses are institutional banking, global transaction services, treasury and markets, SME banking as well as consumer banking targeting the affluent segments.
DBS China is among the first batch of financial institutions and one of the first two foreign banks to obtain approval for setting up an outlet in the FTZ, among the first batch of foreign banks to receive operational approval and the first foreign bank to open for business on 7 Jan 2014.
China is DBS’ key priority market. The strengths of our franchise in China have been recognized by esteemed regional and local media, government bodies and industry associations such as being conferred the ’2014 Top 10 Successful ASEAN Companies in China’ award by the China-ASEAN Business Council (CABC); Global Finance (Stars of China: 2014 Best Corporate Bank, 2015 Best Consumer Bank, 2011 -2015 Best Treasury and Cash Management and 2014-2015 Best Trade Finance Provider among foreign banks) and The Asset (Best Wealth Manager, China, Best Structured Trade Finance Solution, China, 2014-2015).
On 15 Jan 2015, DBS has gone into agreement with Postal Savings Bank of China and 5 other Chinese corporates to set up China Post Consumer Finance Company Limited in China. DBS is the second-largest shareholder and only foreign shareholder in CPCFC.
DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's capital position, as well as "AA-" and "Aa1" credit ratings, is among the highest in Asia-Pacific. DBS has been recognised for its leadership in the region, having been named “2012 Asia’s Best Bank” by The Banker, a member of the Financial Times group, and “2014 Best Bank in Asia-Pacific” by Global Finance. The bank has also been named “Safest Bank in Asia” by Global Finance for seven consecutive years from 2009 to 2014.
DBS provides a full range of services in consumer, SME and corporate banking activities across Asia. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. These market insights and regional connectivity have helped to drive the bank’s growth as it sets out to be the Asian bank of choice. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. The bank acknowledges the passion, commitment and can-do spirit in all of our 22,000 staff, representing over 40 nationalities. For more information, please visit www.dbs.com