Full Form of DBS
Development Bank of Singapore
DBS Full Form is Development Bank of Singapore. DBS is a multinational, public sector company related to financial and banking services. This bank is based in Singapore. Earlier, DBS was involved in only domestic regional markets, but later it expanded its business in global range. It is not only one of the largest banks in Asia, but it is also a trustworthy organization both domestically and internationally. Founded in 1968 and headquartered in Singapore, DBS is known for ultimate satisfactory customer services, use of modern technology, and its variety of services.
It offers its services and products in personal banking, business banking, management of wealth, mortgages, and loans, foreign exchange services etc. DBS completed the acquisition of POSB ( Post Office Savings Bank ) in 1990. It also provides services in a number of countries across the world. DBS has about 250 branch offices and about 1100 ATM counters in their places of operations. It has its offices located in major financial centres. DBS has subsidiary banks too, like PT Bank DBS in Indonesia, and IB Asia ( The Islamic Bank of Asia ).
To ensure the security and safety of the financial conditions of the consumers, DBS uses modern technology at its possible best. It has launched a hardware device called DBS iB Secure that helps to maintain user security in case of internet banking. It has also launched an efficient mobile banking application software that is hugely popular and trustworthy among its consumers.