DBS has been synonymous with innovation and digital banking excellence, adapting swiftly to the changing financial landscape.
History
Founded in 1968, DBS Bank, originally known as The Development Bank of Singapore, was established by Singapore government to promote economic activity in the country. Within a few years, DBS has evolved to become a leading multinational financial services group with presence in over 18 countries across Asia. DBS began its Indian operations in 1984 at Mumbai, initially as a representative office. Since then, it became the first foreign bank to receive a wholly-subsidiary license in India in 2019.
Key Milestones & achievements
- 1984: Opened as a representative office in Mumbai
- 2005: Expanded operations to Chennai and Delhi
- 2019: first foreign bank to receive a wholly-subsidiary license in India
- Asia’s safest bank from 2009-2023 by Global Finance
Vision and Mission
- Vision: To be a leader in digital banking space, offering the most holistic banking experience to customers from all walks of life
- Mission: To leverage technology and deliver personalized banking experiences, helping individuals and businesses in India grow and succeed to the next level
Products and Services
- Corporate Banking: Delivering bespoke solutions for corporates which will help you streamline process, reduce costs, and grow your business. Tailored financial solutions, including working capital loans, trade finance, designed for small, medium, and large enterprises.
- Retail Banking: Get a variety of personal loans, home loans, and savings accounts, along with the award-winning mobile banking app, digibank by DBS, which offer paperless banking to Indian customers
- Credit Cards: Get a range of credit cards suited for different purposes like travel, shopping, and rewards. Step closer to your financial dreams.
- Wealth Management: Comprehensive investment advisory services, mutual funds, and portfolio management for high-net-worth individuals.
Conclusion
DBS bank has rapidly evolved to become one of the leading players in the digital banking ecosystem. Driven by innovation, customer-centric solutions, and expertise in technology, DBS is one step ahead in delivering great experiences for our customers.
