DBS Holdings Limited is a Singapore-based financial services company which holds considerable operations in some of the major markets in Asia, Southeast Asia and Hong Kong. The company was established in 1968 as the Development Bank of Singapore, and it has been one of the leaders in banking and financial services in the region for more than a century. As of 2020, DBS is the largest bank in Southeast Asia by assets, with a presence in 18 markets.
The main activities of DBS Holdings include the provision of retail banking, wealth management, private banking, commercial banking, treasury services, investment banking and financial services to its customers. The companys mission is to be a leading banking provider to corporate, institutional, small and medium-sized enterprises (SMEs) and individual customers in Asia. In addition, it strives to foster a collaborative, collaborative-thinking culture which runs across all business lines to create greater value and growth opportunities.
At the heart of DBS corporate strategy is the idea of ‘simplifying banking’. The mission of simplifying banking entails delivering simple, transparent and efficient products and services for customers, investing in innovative technology and making banking convenient for customers. DBS also places a strong emphasis on providing value to customers from their banking relationships. This includes providing easy access to banking services through digital platforms, such as the banks award-winning mobile banking app, DBS digibank.
DBS also has a strong focus on sustainability, making it a leader in this area among banking and financial services firms in the region. The company has committed to reducing its carbon emissions by 20 per cent by 2030, and is making significant investments in renewable energy and clean technology. In addition, the company is focused on building economic, social and environmental sustainability in its operations and contributing to inclusive growth.
DBS is committed to maintaining a robust, customer-centric culture that is focused on customer service excellence, innovation and risk management, and delivering strong customer returns in all of its business lines. In addition, the company focuses on building relationships with its stakeholders and being a responsible corporate citizen in the communities where it operates.
Overall, DBS Holdings is an important financial services player in the markets it operates in, as well as being a leader in sustainability and customer service. With its focus on simplifying banking and delivering value to customers, DBS is well-positioned to remain at the forefront of banking and financial services in the region.
