DBS Bank began operations in Singapore in 1968 as The Development Bank of Singapore Limited. The bank has received its current name since the end of 1975. In 1994, the first PRC branch was opened in Shanghai. DBS Bank is the leading banking group in Asia, with over 280 branches in the leading countries in the region. The bank operates in Singapore, Hong Kong, mainland China, Taiwan, India and Indonesia
The banking group has over 18,000 employees. The staff speaks English
Among the bank's largest shareholders: MAJU HOLDINGS PTE. LTD. - 18.32%, CITIBANK NOMINEES SINGAPORE PTE LTD - 17.68%, DBS NOMINEES PTE LTD - 14.94%, TEMASEK HOLDINGS (PRIVATE) LIMITED - 11.34%, DBSN SERVICES PTE LTD - 7.59%, HSBC (SINGAPORE) NOMINEES PTE LTD - 6.55%, UNITED OVERSEAS BANK NOMINEES PTE LTD - 3.12% and others
Double Taxation Agreement with Russia is signed; AML legislation is strictly observed; Active member of OECD, FATF, Basel Commitee, Egmont Group etc.