2 min reads
1.Development Bank Of Singapore (DBS)
In terms of total assets acquired, this bank tops the list. Also one of the biggest financial corporations in Asia. The total assets acquired by this bank at the end of June 2017 were S$ 486.699 billion. At the end of March 2017, the net profit was S$1.2 billion. It serves around 4.6 million customers. Around 22,000 people work here. The head-quarter of this bank is situated in Marina Bay Financial Centre.
2.Overseas Chinese Banking Corporation
Overseas Chinese Banking Corporation was founded in 1932 and is headquartered in Chulia Street. The Bank is the 2nd topmost banks in Singapore in terms of controlling the total assets. It has handled around SGD454.94 billion of the total assets. Overseas Chinese Banking Corporation had generated revenue of around SGD8.96 billion in the year 2018. In the same year, the net income of Overseas Chinese Banking Corporation was around SGD4.15 billion. It employs around 30,000 employees.
3.United Overseas Bank (UOB)
UOB has been a force in banking since before Singapore gained its independence. It came to life in 1935 and endured through years of conflict and occupation. Understandably, the institution has prioritized stability and safety.
The “quiet family bank” has recently been working to expand its digital presence with bolder moves.
4.Citibank Singapore
Banks in Singapore: Citibank Singapore. Citibank Singapore is also one of the top banks in Singapore which is also known to various countries around it. The bank is a division of Citibank USA which was established in Singapore precisely in 2004.
In the 80s this bank had popularized the use of ATM machines that may now be familiar to all of us. The presence of this bank can apparently help meet the needs of individuals and also the needs of small businesses.
5.Standard Chartered
Standard Chartered Bank in Singapore is part of an international banking group out of Great Britain, with over 100 years of experience in banking.The worldwide firm boats 60 markets, 85,000 employees and promotes diversity as one of its most important strengths. Their promise is “here for good,” and given their history in Singapore, they’ve kept it. They opened their first branch well before independence, all the way back in 1859.
In 1999, they were one of the first banks to receive a Qualifying Full Bank or QFB license from the government.
