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DBS is the first of Singapore’s “Big Three” banks to report its earnings this year. UOB, No. 11 on the Southeast Asia 500, is expected to report on Feb. 19, and OCBC, No. 12, will report on ...
DBS Bank Limited is a Singaporean multinational banking and financial services corporation headquartered at the Marina Bay Financial Centre in the Marina Bay district of Singapore. The bank was previously known as The Development Bank of Singapore Limited , which " DBS " was derived from, before the present abbreviated name was adopted on 21 ...
DBS Bank (Hong Kong) Limited (Chinese: 星展銀行(香港)有限公司) is a licensed bank incorporated in Hong Kong and is a subsidiary of DBS Bank headquartered in Singapore. As of 2022, it is the eighth-largest bank in Hong Kong by total assets.
POSB Bank, often known as POSB, is a Singaporean bank offering consumer banking services. It is the largest and oldest local bank in continuous operation in Singapore with over four million customers.
Commercial banks in Singapore may undertake universal banking, such as the taking of deposits and the provision of cheque services and lending, as well any other business authorised by the Monetary Authority of Singapore, including financial advisory services, insurance brokering and capital market services, as long as they are permitted under section 30 of the Banking Act.
The launch of IB Asia follows DBS' stepped-up participation in the Middle East markets. DBS has placed a significant portion of large, landmark equity IPOs and securitisations in the Middle East and was among the first few Asia-based banks to receive a banking licence from the Dubai International Financial Centre.
NETS operates Singapore's national debit scheme enabling customers of DBS Bank, POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank, CIMB and UOB to make payments using their physical/contactless ATM cards or mobile devices at more than 120,000 acceptance points in Singapore including major retailers, food courts, hawker centres, convenience stores and supermarkets.
In May 2010 he became the Chairman of DBS Bank, and later in Singapore Airlines in 2017. Seah holds numerous board positions, including being the Chairman of LASALLE College of the Arts in Singapore. He was awarded the Public Service Star during the National Day Awards in Singapore. In 2012, Seah was conferred the Distinguished Service Order.