DBS Bank (China)

DBS Bank (China) Limited (DBS China) is a subsidiary of DBS, one of Asia’s leading financial services groups. Formerly the Development Bank of Singapore, DBS opened its first representative office in Beijing in 1993 and was among the first group of foreign banks and the first Singapore bank to incorporate in China in May 2007. Since then, DBS China has rapidly expanded its franchise across the country, currently operating out of 10 branches and 21 sub-branches and has more than doubled its staff strength to over 2,300. DBS China’s business focuses are institutional banking, global transaction services, treasury and markets, SME banking as well as consumer banking targeting the affluent segments.

DBS China is among the first batch of financial institutions, and one of the first two foreign banks, to obtain approval for setting up an outlet in the FTZ on Sep 29th, 2013; and is also among the first batch of foreign banks to receive operational approval for the Shanghai FTZ outlet on Dec 31st, 2013. On Jan 7th, 2014, DBS China’s Shanghai Pilot Free Trade Zone Sub-branch became the first foreign bank to open for business. China is DBS’ key priority market. The strengths of our franchise in China have been recognized by esteemed regional and local media, government bodies and industry associations such as Global Finance (Stars of China: Best Small Business Lending & Best Retail Bank, 2013; Best Treasury and Cash Management among foreign banks, 2011-2012) and 21st Century Business Herald (Best Wealth Management Service, 2011-2012). For more information, please visit www.dbs.com.cn.