RETAIL BANKING | Roxanne Uy, Singapore

In case you're curious, here's a rundown of the foreign banks operating in Singapore

Foreign banks dominate Singapore's market share by total assets.

According to Bank of America Merrill Lynch, in terms of total assets, DBS is the largest Singapore bank, benefitting from acquisitions domestically (POSBank) and in Hong Kong (Dao Heng Bank). The latter remains its largest offshore contributor based on loan book.

"UOB and OCBC, on the other hand, have concentrated on the domestic market and ventured into neighboring ASEAN markets via smaller acquisitions. UOB remains the only bank with a Thai subsidiary."

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.