Australia I China I Hong Kong I India I Indonesia I Japan I Malaysia I Mongolia I Pakistan I Philippines I Singapore I Taiwan I Thailand
|BEST BANK: DBS
BEST EQUITY HOUSE: Citigroup
BEST DEBT HOUSE: HSBC
BEST M&A HOUSE: Credit Suisse
DBS remains the best bank in Singapore although it is increasingly being viewed as a regional player, with almost 5 million customers in 14 countries. DBS has total assets of $111.4 billion and banks 54% of Singapore’s savings market. Operating a one bank – two brands strategy, DBS and mass-market brand POSB boast 86 branches and more than 800 ATMs, the country’s widest network. DBS also holds 20% of the local credit card market and is the leader in local mortgages, with a 26% share.
In addition to having a strong consumer banking franchise, DBS is a major force in the local corporate and institutional banking market. It is a leading arranger of syndicated loans and the market leader in Singapore dollar bond issuance.
In the latest financial year, DBS’s return on assets was 1.1%, and its cost-income ratio just 43.7%.