DBS Bank Hosts "DBS Greater Bay Area Conference 2023" | 繁體
Transformational Forces for the New Economy
In 2023, DBS Bank will continue to deepen its presence, influence and cooperation in the GBA. Our key projects include:
- In June 2023, DBS Bank signed a cooperation agreement at the 13th Meeting of the Singapore-Guangdong Collaboration Council. After Singapore and India, DBS Bank will establish the world's third technology centre in the China-Singapore Guangzhou Knowledge City in the GBA.
- As the first bank to have three Southbound partners under the Wealth Management Connect (WMC) scheme, DBS has built a series of unique products and an extensive distribution network to reach customers across nine cities in GBA. In May 2023, DBS Bank's WMC Northbound service has been officially launched, providing Hong Kong and Macau investors with more convenient cross-border investment services.
- DBS Bank and Shenzhen Rural Commercial Bank continue to deepen their strategic partnership and work together closely. Relying on the local network and professional insights of Shenzhen Rural Commercial Bank, they will support the development of the real economy in the Shenzhen Special Economic Zone and the Guangdong-Hong Kong-Macao Greater Bay Area.
The DBS GBA Conference gathered regional leaders and experts from various industries to discuss how to explore and capture business development and growth opportunities in the current new environment, amidst current economic recovery. CY Leung, vice-Chairman of the Chinese People's Political Consultative Conference and the former chief executive of the Hong Kong Special Administrative Region, delivered a keynote speech on "GBA: Two-way and Mutual Opportunities for Hong Kong and Guangdong". Warren Huang, vice president of Huawei Strategy Research Institute, shared a keynote speech entitled "Science and Technology Innovation for 2030". In addition, guests discussed hot topics on transformation and globalization of China’s EV industry, new trends on China's digital economy going global, evolution of the digital ecosystem under the new development environment, the emerging opportunities in wealth management, and exploring the value of REITs. Over 500 enterprises and guests from the GBA participated in the event.
Ginger Cheng, Chief Executive Officer of DBS Bank (China) Limited, said "DBS Group is very optimistic about the opportunities in the GBA. We have a solid strategy, rich financial resources and strong partners, which enable DBS act as a one-stop financial service provider to meet the diversified domestic and overseas financial needs of enterprises and individual customers at different levels. We will further leverage on DBS Group’s financial experience and resources, combined with our deep local insights, to support the development of the GBA and the local real economy."
Sebastian Paredes, Head of North Asia of DBS said “DBS Group believes that the GBA will bring tremendous investment opportunities, with unlimited growth potentials, to Hong Kong and Asia. Therefore, we took the initiatives to bring about the GBA strategy as early as 2018. The GBA is an indispensable part of our future development’s blueprint. We hope to continue to maintain seamless cooperation with the GBA and, in the short term, we look forward to training up more banking, financial, and technological experts in the region, and providing customers with better services.”
DBS Bank in the GBA
DBS Group has been actively supporting China's financial reform and opening-up process for a long time. Among them, it has given long-term attention and continuous support to the real economy, enterprises and individuals in the GBA and in the region. In 2003, DBS China opened a branch in Shenzhen, the first one in South China, becoming one of the first foreign banks in the Pearl River Delta region to focus on financial services for small and medium-sized enterprises. In 2005, DBS Shenzhen Branch launched personal banking services, which was the first retail banking and wealth management outlet that DBS Bank launched in Mainland China. At present, DBS Group has nearly 70 branches and outlets in the GBA, distributed in Hong Kong, Macau, Guangzhou, Shenzhen, Dongguan and other cities in the GBA.
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About DBS
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia“ award by Global Finance for 14 consecutive years from 2009 to 2022.
DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting social enterprises: businesses with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping communities with future-ready skills and building food resilience.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.
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