DBS Bank Ltd is a bank incorporated in Singapore. It was formerly known as The Development Bank of Singapore Limited, it was created by the Government of Singapore in 1968 in order to take over the industrial financing activities from the Economic Development Board. The bank currently has more than 100 branches throughout the island and over 200 branches across Asia. DBS Bank is currently the largest bank in South East Asia by assets and also one of the largest banks in all of Asia. It has a strong position in areas such as consumer banking, treasury and markets, asset management, securities brokerage, debt fund raising, and equity mainly in Singapore and Hong Kong.
The DBS financial services group has over 200 branches across 15 markets in Asia and more than 1,100 ATMs across 50 cities. Their Headquarters are located in Asia and listed in Singapore, as a market leader, DBS currently has over 4 million customers in Singapore alone, and their presence is rapidly growing throughout the rest of Asia. The bank has a very strong capital position, in addition to an a “AA-” and “Aa1″ credit ratings, which are among the highest in the Asia-Pacific region, and which allowed them to earn the Global Finance’s “Safest Bank in Asia” accolade in 2009 and 2010.
DBS is a leading consumer bank in Singapore and Hong Kong, serving over 4 million and 1 million retail customers respectively, it is also a pioneer in the capital markets, and a well regarded custodian for institutional investors and provider of wealth management products for individuals.
DBS also provides a highly regarded internet banking service, which is known for being very secure and for helping users save time among many other benefits. Some key features include $0 fee for overseas fund transfers, security alert, which allows you to find out if a malware infection is compromising your online baking account, and it is also the first bank to offer instant application status.
To start using DBS’ internet banking service you have to register first, if you are an existing iBanking user and the Bank has already sent you a New iB Secure Device, then you have to register via their secured online registration page. If you are new to iBanking and have already received your new iB Secure Device or you have requested for a replacement device, login to their secured iBanking site to register. If you are not an iBanking customer yet, then you can sign up here. Existing customers can login here.