Top Largest Banks in Singapore

Singapore has some of the top largest banks in the region, namely United Overseas Bank Limited, DBS, OCBC (Overseas-Chinese Banking Corporation), HSBC, among others.

Founded in 1935, United Overseas Bank Limited (UOB) is a top leading bank in Asia, with banking subsidiaries in Singapore, Indonesia, Malaysia, Thailand and China. It provides a broad range of financial services through its global network of branches, offices, subsidiaries and associates: personal financial services, commercial and corporate banking, private banking, investment banking, capital market activities, corporate finance, treasury services, futures broking, venture capital management, asset management, insurance and stockbroking services. UOB is rated among the world's top banks by Moody's Investors Service, receiving B for financial strength, and Aa1 and Prime-1 for long-term and short-term bank deposits respectively.

DBS is a leading consumer bank in Singapore and one of the largest financial services groups in Asia. It is ranked 1st in Singapore, 5th in Asia (ex-China, ex-Japan), and 62nd globally among the Top 1000 World Banks 2010 (The Banker).

OCBC Bank is recognized by The Asian Banker as the Best Retail Bank in Singapore for the second consecutive year, and for Excellence in Customer Relationship Management.

HSBC is a prominent player in Singapore's banking sector. It has achieved industry recognition and reached important milestones for its operations in Singapore. It was named the Best Corporate / Institutional Internet Bank in Singapore 2009 by Global Finance. In addition, HSBC is an approved Primary Dealer in the Singapore Government Securities Market and an Approved Bond Intermediary (ABI), operating one of the largest integrated dealing rooms in Singapore.

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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