| Headquartered in Singapore, DBS is one of the largest financial services groups in Asia with operations in 16 markets including China. The largest bank in Singapore, and a leading bank in Hong Kong, DBS' "AA-" and "Aa1" credit ratings are among the highest in the Asia-Pacific region.
China is an important market for DBS, which was first established as a representative office in Beijing in 1993. In May 2007, we were the first Singapore bank to set up a locally-incorporated subsidiary in China, DBS Bank (China) Limited. In a little less than three years, we have grown our customer base in China by over four times, and nearly doubled our staff strength to 1,000.
Expansion of our China network continues, and today we have eight branches and seven sub-branches across eight cities in China. 2010 marks a new milestone, as we moved into a new headquarters building, the DBS Bank Tower, located at the heart of Shanghai’s financial district.
As an Asian bank, with an inherent understanding of the ins and outs of doing business in the region, DBS is committed to leveraging our extensive footprint to intermediate burgeoning intra-Asia trade and investment flows, as well as the growing regional connectivity to better serve the needs of our corporate, institutional and individual customers.
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