DBS group holdings ltd. Is an investment holding company that provides various commercial banking and financial services in Singapore, Hong Kong, Greater China, South and Southeast Asia and internationally.
It was founded in 1968 and is headquartered in Singapore Company is spread across 18 markets through 280 branches offering financial services. The company’s subsidiary DBS Bank Ltd, is engaged in several banking operations such as commercial banking and retail banking operations.
Consumer Banking/ wealth management , institutional banking, treasury are some of the segments that the bank operates in, Wealth management services are aimed at providing individuals with range of banking and related financial services such as current/ savings account, fixed deposits, loans, home loans, car loans, investments and insurance etc.
Institutional banking segment provides several financial products and services to institutional clients including Banks, NBFC’s, government run companies, corporate, PE firms etc. The Treasury segment is involved in selling, structuring, market-making, and trading financial products, such as foreign exchange, interest rate, debt, credit, equity, and other structured derivatives, as well as managing surplus funds. It serves corporations, institutional and private investors, financial institutions, and other market participants. The others segment offers stock broking and merchant banking services.
In Singapore alone DBS bank serves around four million customers in about 80 branches and in Hong Kong, the bank serves 1 million customers through about 50 branches. Mainland China is the new target area for the bank to expand its operations as it opened its DBS China branch only in 2007 with Shanghai as its Headquarters. The company plans to form an integrated branch network across the vast country. DBS is one of the largest trade financers in Indonesia too.
Sales $9.9 Bn
Profits $3200 Mn
Total Assets $322.8 Bn
1.Top 14 companies in Singapore were selected.
2.Percentages of revenues, profits and assets are taken of the totals, and then weightages of 0.33 are given to given to all to calculate the overall score