Top 10 Companies in Singapore 2014

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2. DBS bank

The Development bank of Singapore, better known as DBS bank was established by the Government of Singapore in June 1968 in order to undertake industrial financing activities, which was earlier done by the Economic Development Board. Now, it has over a 100 branches all over the country. It is the largest bank in terms of assets in South East Asia and among one of the largest banks pan-Asia. It dominates the Singapore and Hong Kong markets in areas of consumer banking, equity and debt fund-raising, asset management, treasury and markets, securities exchange etc. It has been recognized as the “Safest Bank in Asia” for five consecutive years (2009-2013) by Global Finance owing to its strong capital position as well as “AA-” and “Aa1” credit ratings, one among the highest in the Asia-Pacific region.

It currently operates in 17 markets across 50 cities in China, Taiwan, India and Indonesia etc with a branch network over 250 and ATMs over 1100.

Market Value: $31.8 B

Assets: $318.4 B

Profits: $2.9 B

Sales: $9.4 B

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