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Today, there are 111 commercial banks, 49 merchant banks, and 45 banks with representative offices operate in Singapore, managing more than $350 billion of assets (2004). The banking industry in Singapore is regulated by the Monetary Authority of Singapore.
This is a list of banks with operations in Singapore. Location of incorporation is provided in brackets for foreign banks. There are, at present over 150 banks and deposit-taking institutions, and 45 banks with representative offices in Singapore.
Annual Report 2023. Building a Sustainable Advantage. Visit Site. Personal Banking. DBS. Singapore’s leading consumer bank, financing Singapore’s growth since 1968. Visit Site. POSB. Neighbours first, bankers second, serving generations of Singaporeans for 140 years.
May 10, 2024 · The top 10 banks in Singapore include local banks, foreign banks, private banks, and other financial institutions, such as DBS Bank, United Overseas Bank (UOB), and Oversea-Chinese Banking Corporation (OCBC).
Mar 27, 2024 · There are a huge number of banks to choose from, including full banks, wholesale banks and local banks, but a large number are foreign-owned banks. It’s reasonably straightforward to open a bank account, whether you’re a Singaporean national, permanent resident or foreigner.
Singapore: Foreign Banks: Green Link Digital Bank Pte. Ltd. Digital Wholesale Bank: Singapore: Foreign Banks: Affiliate Members. Bank Licence Type Country of Incorporation Membership; Axis Bank Limited, Singapore Branch: Merchant Bank: Singapore: Affiliate Members: Bordier & CIE (Singapore) Ltd:
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Headquartered in Singapore, we now operate in 19 markets around the world. DBS has been honored as the global winner for most Innovative in Digital Banking by Financial Times publication The Banker, in its 2021 Innovation in Digital Banking Awards.
