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DBS

Description

DBS Bank Limited, often known as DBS, is a Singaporean multinational banking and financial services corporation headquartered at the Marina Bay Financial Centre in the Marina Bay district of Singapore. It is the largest bank in Southeast Asia by assets and one of the largest banks in Asia, with assets totaling about US$501 billion (S$650 billion) as of 31 December 2019.

DBS provides a full range of services in consumer, SME and corporate banking, as well as treasury and markets, wealth management, insurance, and asset management. It has a presence in 18 markets across Asia, with over 270 branches and 1,100 ATMs in Singapore and more than 200 branches and 1,300 ATMs overseas.

DBS is a leading player in digital banking, with over 13 million mobile banking customers and 5 million digital-only customers. The bank has invested heavily in digital transformation, and its mobile banking app has been repeatedly recognized as one of the best in the world.

DBS is also a strong supporter of sustainability and social impact. The bank has set ambitious targets to reduce its carbon footprint and to finance sustainable development. DBS is also a major contributor to the community, and its foundation supports a wide range of social causes.

Here is a summary of DBS Bank’s key strengths:

  • Strong financial performance: DBS is one of the most profitable banks in Asia, with a consistent track record of earnings growth.
  • Leading position in digital banking: DBS is a leader in digital banking, with a user-friendly mobile banking app and a wide range of online banking services.
  • Extensive regional network: DBS has a presence in 18 markets across Asia, giving it a deep understanding of the region’s economies and businesses.
  • Commitment to sustainability and social impact: DBS is a leading player in sustainable banking and social impact, with ambitious targets to reduce its carbon footprint and to finance sustainable development.

DBS has received 0 reviews with an average rating of out of 5

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