DBS Bank Ltd., opened its branch in the Middle East in Dubai at the Dubai International Financial Centre (DIFC) in March 2006. It is regulated by Dubai Financial Services Authority (DFSA).DBS is among the first few Asian banks and the first Singapore based bank to receive a banking license to open its offices in DIFC. DBS aims to bridge both Asia and the GCC (Gulf Co-operation Council) region, the two of the fastest growing regions in the world and build connectivity for its customers covering the regions.DBS Bank Ltd., (DIFC Branch) covers wholesale banking products and services including Corporate and Investment Banking, Debt and Capital Markets, Treasury Management, and Global Transaction Services (Cash and Trade). It also covers Private Banking customers. The team in Dubai works closely with DBS product partners in other regions.DFSA approved the upgrade of DBS Bank Ltd.'s license from Category 4 to Category 1 in DIFC in November 2010, the upgrade of its license permits DBS Bank Ltd., (DIFC Branch) to book loans and carry out trade finance activities in the DIFC.
Best Bank in the World 2020, Global Finance
World's Best Bank 2019, Euromoney
Global Bank of the Year 2018, The Banker
Best Bank in the World 2018, Global Finance
