Headquartered in Singapore, DBS is one of the largest financial services group s in Asia with operations in 15 markets including China. The largest bank in S ingapore as measured by assets, and a leading bank in Hong Kong, DBS "AA-" an d "Aa1" credit ratings are among the highest in the Asia-Pacific region.
DBS first set foot in China with the establishment of a representative office in Beijing in 1993. Set up in 1995, DBS Shanghai Branch was one of the first 1 0 foreign banks to obtain a RMB licence when the licences were issued in 1998.