DBS Group

DBS, short for DBS Bank Limited, is a Singaporean multinational bank and financial services provider with headquarters in the Marina Bay Financial Centre. The bank changed its name on July 21, 2003, from The Development Bank of Singapore Limited to the abbreviation "DBS" to better reflect its position as a global financial institution. Along with OCBC Bank and UOB, it is considered one of Singapore's "Big Three" banks.

The government of Singapore established the bank on July 16, 1968, and listed it on the Singapore Exchange so that it could assume responsibility for the Economic Development Board's industrial lending activities. It now has over 150 locations across the United States. With about US$501 billion (S$650 billion) in assets as of December 31, 2019, DBS is the largest bank in Southeast Asia and one of the largest banks in Asia.

DBS Group is worth $63.51 billion as of April 2023. Based on its current market capitalization, DBS Group is the 241st most valuable corporation in the world. DBS Group's current revenue (TTM) is $11.96 billion, as reported in the company's most recent financial statements. The company's revenue in 2021 was $10.58 billion, down from the $10.58 billion it made in 2020.

Founded: 16 July 1968
Headquarters: 12 Marina Boulevard, Marina Bay Financial Centre Tower 3, Singapore 018982
Website: dbs.com.sg