DBS Bank will continue to deepen its presence, influence, and cooperation in the GBA. Our key projects include:
The DBS GBA Conference gathered leading enterprises and experts from various industries in the region to discuss ways to explore new opportunities and developments for the economy. Professor Li Daokui, Director of the Academic Center for Chinese Economic Practice and Thinking of Tsinghua University, delivered a keynote speech on "Insights into China's Macroeconomy and Unlocking the Power of AI". In addition, other invited speakers also shared their insights on topics such as "Science and Technological Innovation Empowering Supply Chains to Go Global", "Chinese Enterprises ‘Going Global’ and China-Indonesia 'Regional Comprehensive Economic Corridor'", "Supply Chain Globalization" and "Green Finance for Sustainable Development", etc. More than 500 enterprises and guests from the GBA were in attendance.
Ginger Cheng, Chief Executive Officer of DBS Bank (China) Limited (DBS China), said "We are very delighted to host the fourth DBS GBA Conference in Shenzhen. DBS is very optimistic about the opportunities in the GBA, and we are also optimistic about GBA’s huge development potential brought by the AI-driven productivity. DBS China has set up a dedicated team to serve the new economy sector. Through cross-sectoral and cross-regional collaboration, we provide full life-cycle financial services to sci-tech start-ups in different sectors and development stages. We will further combine Singapore's experience and resources as an international financial center with China's realities to support the development of GBA and its real economy as well as the 'new quality productive forces'."
Sebastian Paredes, Head of North Asia, DBS & Chairman, DBS China said "DBS sees immense development prospects in the GBA, and we firmly believe that it will trigger a new wave of investment momentum and development opportunities in China, Asia and the global economy. To capture the opportunities and tackle the challenges of the GBA market, DBS has developed a series of comprehensive strategic plans, where we have been continuously enhancing and implementing the plans in the region. Looking ahead, we will continue to optimize the application of various technologies, especially AI, in financial services to fully seize the business opportunities brought about by the great boom in the GBA."
Over the years, DBS has been actively supporting China's financial reform and opening-up process and has been providing continuous support to the enterprises in the Chinese market, especially in the GBA. In 2003, DBS China opened a branch in Shenzhen, the first one in South China, becoming one of the first foreign-funded banks in the Pearl River Delta region to focus on financial services for small and medium-sized enterprises. In 2005, DBS Shenzhen Branch launched personal banking services, which was the first personal banking and wealth management services that DBS Bank introduced in Mainland China. At present, DBS has around 70 branches and outlets in the GBA region, distributed in Hong Kong, Macau, Guangzhou, Shenzhen, and Dongguan.
