Time to build a banking empire
Branches in Asia: 127 (excluding Singapore)
Present in: 13 countries
Asian loan book: $4.1 billion If any bank is to challenge HSBC as the dominant Asian bank of the future it may well be DBS. The state-owned Singaporean bank has little history as a pan-regional player but that is changing. DBS has taken advantage of the low valuations of the region’s banks and has embraced a policy of expansion through acquisition, buying stakes in banks in several south-east Asian countries.
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