AFC Merchant Bank is the brainchild of the ASEAN Bankers Association, a regional banking organisation comprising all the national banking associations in ASEAN.
Bank of India (Singapore) was established as the fourth foreign branch of the Bank of India in 1951. It specializes in trade finance, loan syndications, forex dealing, derivative products, remittance and India related business.
Bank of Singapore – One of the leading private banks in Singapore. It serves high net worth individuals in Southeast Asia, China, Singapore, India and other international markets.
Citibank Singapore – A subsidiary of Citigroup, one of the world's largest financial institutions. Citi provides employment to more than 8,000 people, making it the largest banking employer in Singapore.
DBS Bank – The biggest bank in Singapore and Southeast Asia with over 6.2 million retail and corporate customers. As of September 5, 2016, DBS Group had a market capitalization of US$28 billion.
Islamic Bank of Asia – Established in May 2007, The Islamic Bank of Asia (IB Asia) is a joint venture between DBS Bank and 33 investors from prominent families and industrial groups based in the Gulf Cooperation Council countries. IB Asia focuses on Shariah compliant capital markets, direct investment, corporate finance and wealth management services.
Far Eastern Bank – A subsidiary of United Overseas Bank Limited (UOB). The Bank provides retail, commercial and corporate banking services.
FinatiQ was set up in 2000 by OCBC bank as Asia's first internet bank. It closed in 2011.
CIC Singapore – CIC offers a range of banking products and services in Singapore, including private banking, corporate and structured finance and treasury products.
HSBC Singapore provides a wide range of financial products and services to retail and corporate customers through about 20 locations including 9 full service branches.
Keppel TatLee Bank was a financial provider in Singapore formed through a merger of Keppel Bank and Tat Lee bank in 1998. KTLB was formerly partially owned by Allied Irish Banks, and was sold to OCBC in 2001.
Maybank Singapore has the most extensive network of branches and ATMs among the foreign banks in Singapore. Maybank began operations in Singapore in 1960.
Monetary Authority of Singapore (MAS) – Central Bank of Singapore.
OCBC Bank – One of Asia's leading financial services groups with assets of nearly S$400 billion. It was named Best Managed Bank in Singapore and Best Managed Bank in Asia Pacific by The Asian Banker (2016).
RHB Bank in Singapore – A universal bank with a network of 7 offices situated strategically in various locations. It was established in 1961 as UMBC (United Malayan Banking Corporation Berhad). RHB is the first and only bank in Singapore and Malaysia to be awarded the prestigious “Best Customer Experience Management of the Year Award” in banking service by APCSC Hong Kong.
Standard Chartered Bank (Singapore) Ltd (SCBSL) is a subsidiary of an international banking group. Standard Chartered has been present in Singapore for more than 150 years and today has a network of 19 branches, 7 Priority Banking centres and 32 ATMs. In October 1999, it was among the first international banks to receive a Qualifying Full Bank (QFB) license. SCBSL offers deposits, personal and business loans, credit cards, wealth management, auto financing, mortgages as well as cash management, securities services, foreign exchange, debt capital markets, trade finance, corporate finance and other services.
United Overseas Bank (UOB), founded in 1935, provides a wide range of financial services through its network of 530 branches and offices in 19 countries in the Asia-Pacific, Western Europe and North America.
Top Banks in Singapore
Total Assets (SGD billion)
|2||Oversea-Chinese Banking Corp.||395.675||390.19||401.226||338.448||295.944||277.758||229.283||194.300||181.385||174.607|
|3||United Overseas Bank||321.632||316.011||306.736||284.229||252.900||236.958||213.778||185.578||182.941||174.950|