DBS Group Holdings Ltd. is a Singapore-based financial services group and the parent company of DBS Bank. Established in 1968 as the Development Bank of Singapore, the group has grown into a major banking organization serving individuals, businesses and institutions across Asia.
DBS provides consumer and institutional banking services, including deposits, mortgages, personal and business loans, payments, cash management, trade finance and corporate lending. Its wealth management business offers investment products, advisory services and private banking, while its treasury and markets operations provide foreign exchange, fixed-income, capital-markets and related services. DBS also emphasizes digital banking through online and mobile platforms.
The group’s principal markets include Singapore, Hong Kong, mainland China, India, Indonesia and Taiwan, supported by a broader regional and international network. DBS has expanded its presence through organic growth and acquisitions, including the 2007 purchase of Taiwan’s Bowa Bank and the 2022 acquisition of Citigroup’s consumer banking operations in Taiwan. Tan Su Shan became DBS Group’s chief executive officer in March 2025, succeeding Piyush Gupta, who led the group for more than a decade.
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