What is DBS Bank Singapore?
DBS Bank Singapore is a financial Bank that was established in the year of 1968 as 'The Development Bank of Singapore Limited' later its name was changed to Dbs Bank Limited in the year of 2003. It was started by the Government of Singapore to take charge of industrial financing activities of the Economic Development Board.
The bank offers a vast range of services such as investments, home loans, deposits, insurance, foreign currency notes exchange and others. It operates 249 branches and 1100 ATMs in various locations. The bank also provides Automated Banking Services that include Quick Check Machine, Quick Check Machine, Coin Deposit Machine, One-Stop Convenience, One-Stop Convenience and others. The various wealth management services that help to achieve the investment goals also provided by the DBS bank.
The bank holds a large network of its branches and ATMs throughout the country. The bank also owns its branches in some international locations such as Hong Kong, India, Taiwan and Indonesia etc. The bank offers various financial services such as general banking, consumer banking and merchant banking etc. It received several awards such as World's Best Bank 2004, Best in Corporate Governance Awards 2005, Stars of China Awards 2013, Best Financial Institution Awards 2013 and many others.
After the authorization of the Monetary Authority of Singapore, the bank also started the Islamic Bank of Asia on May 7, 2007. it provides the online banking facilities for its customers through its DBS IB Secure Device that required log-on name, password of the customers. It has its corporate headquarter in Singapore. There are more than 10,000 employees working under the DBS Bank in Singapore.