DBS Group Holdings Ltd is the holding company of DBS Bank|
and is one of the largest companies in terms of market
capitalisation whose shares are listed on the Singapore
Exchange. DBS Group Holdings Ltd and its subsidiaries form
one of the largest banking groups in the region in terms
of shareholders' funds and total assets as at December 31,
2003, being approximately S$14.9 billion (US$8.8 billion)
and approximately S$159.6 billion (US$93.9 billion).
DBS is the fifth largest bank in Hong Kong by assets.
DBS Bank is a full service bank, having diversified since
its establishment in 1968 as a development financing
institution. DBS Bank has the largest network of branches
in Singapore; a banking presence in Thailand, Hong Kong,
Indonesia and the Philippines through subsidiaries and
associated companies. It also has branches and offices in
the United States, United Kingdom, Japan, Hong Kong, India,
Malaysia, Myanmar, China, Taiwan, Korea and Thailand.
With the acquisition of the business undertakings of
POSBank in 1998, DBS Bank has dominant market shares with
access to over 4 million customers. DBS Bank has also
established itself as a leader in initial public offerings
and regional equity transactions in the Singapore capital
market. It is also the top-rated custodian for institutional
investors and has built a regional franchise in many Asian
markets. A key player in the Singapore money market and a
leader in domestic treasury services, DBS Bank is also a
leader in corporate lending.
DBS Bank provides a full range of financial services aimed
at fulfilling the total banking and financial needs of
individuals and their businesses. Active in corporate,
retail and investment banking, DBS Bank is one of Singapore's
main sources of medium and long-term financing, and is
actively engaged in providing short-term banking facilities,
including trade financing and working capital financing.
It also provides investment banking services, portfolio
management services and custodian services.
DBS Group Headquartered in Singapore, DBS is one of the
largest financial services groups in Asia. The largest
bank in Singapore and the fifth largest banking group
in Hong Kong as measured by assets, DBS has dominant
positions in consumer banking, treasury and markets,
asset management, securities brokerage, equity and debt
fund raising. Beyond the anchor markets of Singapore and
Hong Kong, DBS serves corporate, institutional and retail
customers through its operations in Thailand, The
Philippines, and Indonesia. In China, the bank has branches
and representative offices in Shanghai, Beijing, Shenzhen,
Fuzhou and Tianjin. The Bank's credit ratings are among the
highest in the Asia-Pacific region.
Main Subsidiaries, Associated Companies & Banking Offices:
China, Japan, Myanmar, Thailand, Hong Kong, Korea,
Philippines, United Kingdom, India, Macau, Singapore,
USA, Indonesia, Malaysia, Taiwan.