DBS Bank Crowned Asia’s Safest Bank for 17th Consecutive Year
DBS clinches Safest Bank in Asia title amid global economic storms.
DBS Bank has been crowned the "Safest Bank in Asia" for the 17th straight year by Global Finance's prestigious annual rankings. The accolade, announced today, also secures the Singapore-based powerhouse the No. 2 spot on the "World's 50 Safest Commercial Banks" list, highlighting its fortress-like financial health in an era of relentless global headwinds.
For over three decades, Global Finance's World's Safest Banks rankings have served as the gold standard for assessing financial stability, scrutinizing the long-term foreign currency ratings from heavyweights like Fitch, Moody's, and Standard & Poor's across the globe's top 500 banks. This year's winners shine as beacons of reliability amid tariff skirmishes, volatile interest rates, tech upheavals, and stricter regulations. "These institutions are the anchors holding the global economy steady," proclaimed Joseph Giarraputo, Global Finance's Founder and Editorial Director. "Their blend of toughness and forward-thinking innovation keeps faith alive in our financial networks and fuels worldwide trade."
DBS's CFO, Chng Sok Hui, couldn't hide her pride in the milestone. "This honor for the 17th year in a row is a profound privilege," she shared. "When chaos reigns—think economic jitters or market mayhem—clients flock to bedrock institutions like ours for sanctuary. We've ridden that wave of trust and pledge to stay as their steadfast ally, shielding assets and bolstering the communities that define us."
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This isn't DBS's first rodeo in the spotlight. The bank has racked up "World's Best Bank" nods from Euromoney, Global Finance, and The Banker on multiple occasions. It's also snagged titles like "World's Best Bank for Customer Experience," "World's Best Bank for Corporate Responsibility," and "World's Best Digital Bank" from Euromoney. DBS's elite "AA-" and "Aa1" credit ratings from S&P and Moody's, respectively, rank among the planet's finest, underscoring its ironclad balance sheet and razor-sharp risk controls.
As Asia's banking trailblazer, DBS spans 19 markets, with its headquarters and stock listing in Singapore. It thrives at the crossroads of Greater China, Southeast Asia, and South Asia—the continent's hottest growth engines. The bank's digital wizardry has earned it "World's Best Digital Bank" from Euromoney and "Most Innovative in Digital Banking" from The Banker, proving it's not just safe but a shape-shifter in the fintech revolution.
From everyday consumer loans to powerhouse SME financing and globe-spanning corporate deals, DBS covers the spectrum. "Born and raised in Asia," it gets the pulse of the region's wild markets like no other. But DBS goes deeper—it's all about forging bonds that last, "banking the Asian way." Enter the DBS Foundation: a force for good that tackles poverty head-on, delivering aid to the needy, arming the marginalized with money smarts and tech savvy, and supercharging social ventures for real-world change.
In a world where financial shocks hit hard and fast, DBS stands tall as more than a bank—it's Asia's trusted guardian, blending bulletproof security with a heart for progress.
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