DBS Group

DBS Bank Limited, also referred to as DBS, is a worldwide banking and financial services company with its headquarters in Singapore's Marina Bay neighborhood. The Development Bank of Singapore Ltd., from which "DBS" was formed, was the bank's prior name before its current abbreviated name was adopted on July 21, 2003, to better reflect its status as a worldwide bank. Together with OCBC Bank and United Overseas Bank, it is one of Singapore's "Big Three" banks (UOB).

The bank, which is listed on the Singapore Exchange, was established by the Singaporean government on July 16, 1968, to take over the Economic Development Board's industrial finance operations. Now, the nation is home to more than 150 of its branches. With assets of roughly US$501 billion (S$650 billion) as of December 31, 2019, DBS is the largest bank in Southeast Asia and one of the largest banks in Asia. In addition to Singapore, it also enjoys market-leading positions in China, Hong Kong, Taiwan, Indonesia, and South Korea in the areas of Treasury and Markets, Asset Management, Securities Brokerage, and Equity and Debt Fund-Raising.

DBS Group's market capitalization as of April 2023 is $64.34 billion. DBS Group is now the 230rd most valuable corporation in the world according to market cap. The most recent financial reports from DBS Group indicate that the company's current revenue (TTM) is $10.54 Billion. The company generated $10.58 billion in revenue in 2021, which is a decline from the $10.58 billion in revenue in 2020.

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