Tag Archives: DBS


After the independence of Singapore from Malaysia in 1965, the fledgling nation braced itself to battle mass unemployment and lack of land and natural resources, and created a robust economic infrastructure by establishing the Development Bank of Singapore (DBS Bank) in 1968. Since its inception, DBS has chosen an ambitious goal of transforming Asia, harnessing the region’s long-term potential as the centre of economic gravity shifts eastward to Asia, outcompeting local lenders by utilizing their deep Asian insights. Through powerful management and financial abilities, it has become a force to reckon with; its strong capital position and AA- and Aa1 credit ratings—that are among the highest in the Asia-Pacific region—earned it Global Finance’s “Safest Bank in Asia” accolade for six consecutive years, from 2009 to 2014.