Credit Ratings

Maintaining strong credit ratings is a key element of the Group’s financial policy. DBS is currently one of the highest rated banking groups in Asia.

Non-operating holding company
 
DBS Group Holdings Ltd     Outlook ST senior LT senior
Moody's Stable P-1 Aa2
Fitch Stable F1+ AA-
 
Sole operating subsidiary of DBS Group Holdings
 
DBS Bank Ltd.     Outlook ST senior LT senior
S&P Stable A-1+ AA-
Moody's Stable P-1 Aa1
Fitch Stable F1+ AA-
 
Key operating subsidiaries of DBS Bank
 
      Outlook ST senior LT senior
DBS Bank (Hong Kong) Limited S&P Stable A-1+ AA-
Moody's Stable P-1 ^ A1
Fitch Stable F1+ AA-
 
DBS Bank (China) Limited   S&P Stable A-1 A+
Moody's Stable P-1 ^ A1
 
DBS Bank (Taiwan) Limited   Moody's Stable P-1 ^ A2
Fitch Stable F1+ AA-
 
  ^ ST deposit rating