DBS has been recognised as the “Safest Bank in Asia” for the 17th consecutive year by Global Finance, reaffirming its status as a leading financial institution in the region. The bank also maintained its rank as the second safest commercial bank globally. This accolade highlights DBS’ robust financial performance, strong risk management, and governance.
The Global Finance rankings, a trusted benchmark for over 30 years, evaluate the safety of banks worldwide based on long-term foreign currency ratings from Fitch, Moody’s, and Standard & Poor’s. The rankings consider the 500 largest banks globally, emphasising the importance of stability in the financial sector.
Joseph Giarraputo, Founder & Editorial Director of Global Finance, noted the resilience of the world’s safest banks amidst challenges such as tariff uncertainties and technological disruptions. “Their resilience and innovation continue to underpin trust in the financial system and support global commerce,” he stated.
Chng Sok Hui, Chief Financial Officer of DBS, expressed gratitude for the recognition, stating, “We’re honoured to be named Global Finance’s Safest Bank in Asia for the 17th consecutive year. In times of turbulence, customers turn to institutions they trust.”
DBS has also been acknowledged by other prestigious publications, receiving titles such as “World’s Best Bank” and “World’s Best Digital Bank.” With a presence in 19 markets, DBS continues to leverage digital technology to shape the future of banking, whilst maintaining a strong commitment to customer trust and community support.
