List of Banks in Singapore

DBS bank	UOB	OCBC	Maybank	MAS

The banking sector in Singapore includes over 100 commercial banks, 29 merchant banks and 40 representative offices of foreign banks. The three largest banks (DBS Group, Oversea-Chinese Banking Corporation and United Overseas Bank) hold combined total assets of approximately US$1 trillion and employ over 80,000 people.

Bank of Singapore – One of the leading private banks in Asia. It serves high net worth individuals in Southeast Asia, China, Singapore, India and other international markets.

Bank of India (Singapore) was established in 1951 as the fourth foreign branch of Bank of India. It specializes in trade finance, loan syndications, forex dealing, derivative products, remittance and India related business.

Citibank Singapore – A subsidiary of Citigroup, one of the world’s leading financial institutions. Citi provides employment to more than 10,000 people, making it one of the largest banking employers in Singapore.

DBS Bank – The biggest bank in Singapore and Southeast Asia with over 6.2 million retail and corporate customers. As of May 10, 2018, DBS Group had a market capitalization of US$56 billion.

Far Eastern Bank – A subsidiary of United Overseas Bank Limited (UOB). It provides retail, commercial and corporate banking services.

FinatiQ was set up in 2000 by OCBC bank as Asia's first internet bank. It closed in 2011.

CIC Singapore offers a range of banking products and services including private banking, corporate and structured finance and treasury products.

HSBC Singapore provides a wide range of financial products and services to retail and corporate customers through about 10 full service branches and 40 ATMs.

Keppel TatLee Bank was a financial provider in Singapore formed through a merger of Keppel Bank and Tat Lee bank in 1998. KTLB was formerly partially owned by Allied Irish Banks, and was sold to OCBC in 2001.

Maybank Singapore has the most extensive network of branches and ATMs among foreign banks in the country. Maybank began operations in Singapore in 1960.

Monetary Authority of Singapore (MAS) – The Central Bank of Singapore established in 1971.

OCBC Bank – One of Asia's leading financial services groups with assets of over S$400 billion. It was named Best Managed Bank in Singapore and Best Managed Bank in Asia Pacific by The Asian Banker.

RHB Bank (Singapore) – A universal bank with a network of 7 offices situated strategically in various locations. It was established in 1961 as UMBC (United Malayan Banking Corporation Berhad). RHB is the first and only bank in Singapore and Malaysia to be awarded the prestigious “Best Customer Experience Management of the Year Award” in banking service by APCSC Hong Kong.

Standard Chartered Bank (Singapore) – A subsidiary of an international banking group. It is one of the top 10 largest banks in Singapore with total assets of about S$33 billion.

The Islamic Bank of Asia (IB Asia) was a joint venture between DBS Bank and investors from prominent families and industrial groups in the Gulf Cooperation Council countries. It focused on Shariah compliant capital markets, direct investment, corporate finance and wealth management services.

United Overseas Bank (UOB) provides a wide range of financial services through a network of more than 500 branches in 19 countries. It was named Best International Bank by Asiamoney and SME Bank of the Year by The Asian Banker.

AFC Merchant Bank – A regional banking organization with a focus on the small and medium enterprises.

Top Banks in Singapore

 Following are the largest banks in Singapore according to their assets.

 Total Assets (SGD billion)

Foreign Banks in Singapore