Ranking of Banks in Singapore

Singapore's banks are ranked highly in the world, according to the Global Finance magazine (www.gfmag.com) annual rankings of the World's Safest Banks for the 19th time. Three Singapore's banks are ranked in the global top 50, with DBS Bank rated 1st in the country and 23rd in the world, followed by Oversea-Chinese Banking Corporation (31st globally) and United Overseas Bank (32nd).

DBS Bank is also ranked highly in many other publications. In the Asia Risk Corporate Rankings 2010, DBS is placed in the Top 10 local banks in Asia ex-Japan; Ranked 1st in Singapore dollar interest rate products, vanilla hedging instruments; Ranked 1st in Singapore dollar interest rate products, structured hedging instruments. According to the FinanceAsia (Asia's Best Managed Companies 2010), DBS is ranked 8th in "Most Committed to a Strong Dividend Policy in Singapore"; 6th in "Best Corporate Social Responsibility in Singapore"; 6th in "Best Investor Relations in Singapore"; 5th in "Best Managed Company in Singapore"; and 4th in "Best Corporate Governance in Singapore".

Oversea-Chinese Banking Corporation (OCBC) is also recognized as one of the Top 10 companies in Singapore for Best Corporate Governance, Best Investor Relations and Most Committed to a Strong Dividend Policy (FinanceAsia 10th Annual Poll of Asia's Top Companies). OCBC is ranked 1st in Currency Products for SGD, MYR & IDR (Vanilla Hedging/Structured Hedging Instruments) in the Asia Risk Corporate Rankings 2010.

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Kelvin Wong Loke Yuen is a highly experienced education writer. He has obtained many certifications from the UK, USA, Australia and Canada, including an MBA and a Postgraduate Diploma from Heriot-Watt (UK's World-Class University) and a BCom degree from Adelaide (Australia’s Group of Eight University). Follow him on: LinkedIn