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.

* Featured Articles:

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Author

Kelvin Wong Loke Yuen is an experienced writer with a strong background in finance, specializing in the creation of informative and engaging content on topics such as investment strategies, financial ratio analysis, and more. With years of experience in both financial writing and education, Kelvin is adept at translating complex financial concepts into clear, accessible language for a wide range of audiences. Follow him on: LinkedIn.

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