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April 20, 2015 10:12 PM ET


Company Overview of DBS Bank Ltd.

Company Overview

DBS Bank Ltd provides various commercial banking and financial services. Its Consumer Banking/Wealth Management segment offers a range of banking and related financial services to individual customers. This segment’s products and services include current and savings accounts, fixed deposits, loans and home finance, cards, payments, and investment and insurance products. The company’s Institutional Banking segment provides financial services and products to institutional clients, including bank and non-bank financial institutions, government-linked companies, large corporates, and small and medium-sized businesses. This segment offers various products and services, such as short term working ...

12 Marina Boulevard

Marina Bay Financial Centre

Tower Three

Singapore,  018982


Founded in 1968

18,523 Employees

Key Executives for DBS Bank Ltd.

Chief Executive Officer, Chief Executive Officer of DBS Group Holdings, Director and Director of DBS Group Holdings
Age: 54
Chief Financial Officer
Age: 53
Chief Technology Officer, Head of Group Technology & Operations and Managing Director
Chief Executive of DBS Bank (Hong Kong) Ltd
Age: 53
Chief Executive Officer of DBS Bank (China) Limited
Compensation as of Fiscal Year 2014.

DBS Bank Ltd. Key Developments

DBS Bank Ltd. Presents at The 9th Annual FundForum Asia 2015, Apr-13-2015 09:05 AM

DBS Bank Ltd. Presents at The 9th Annual FundForum Asia 2015, Apr-13-2015 09:05 AM. Venue: JW Marriott Hong Kong, Hong Kong, China. Speakers: Janet Chong, Executive Director, Product Solutions Head, Wealth Management Consumer Banking Group & Wealth Management Hong Kong.

DBS Bank Ltd and Manulife Financial Asia Limited Enter into 15-Year Regional Distribution Agreement

DBS Bank Ltd. and Manulife Financial Asia Limited announced that they have entered into a 15-year regional distribution agreement covering four mutually significant markets, namely Singapore, Hong Kong, China and Indonesia. The agreement signed on April 8, 2015 will take effect on January 1, 2016. This new exclusive life bancassurance partnership will combine DBS' superior Asian banking franchise with the insurance and wealth management expertise of Manulife.

Aviva plc Concludes Bancassurance Agreement with DBS Bank Ltd at the End of 2015

Aviva plc announced that its bancassurance agreement with DBS Bank Ltd. will conclude at the end of 2015. Following the conclusion of the DBS agreement, Aviva will retain the existing book of business, associated profits, and customer rights and relationships which were purchased in the original transaction with DBS in 2001. In the 12 months ending December 31, 2014, products sold through DBS represented approximately 20% of Aviva Singapore's value of new business ('VNB'). The conclusion of the agreement is not material at group level representing less than 3% of Aviva's total VNB in 2014. The anticipated acquisition of Friends Life Group adds Friends Provident International to Aviva's Asian portfolio of companies, expanding its capabilities in the affluent and wealth management segments in Singapore, Hong Kong and Dubai.

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