DBS Group named Safest Bank in Asia for 18th consecutive year

DBS Group has been named the ‘Safest Bank in Asia’ by Global Finance for the 18th year in a row. The recognition is based on an evaluation of long-term foreign exchange ratings from Moody’s, Standard & Poor’s, and Fitch across 500 of the world’s largest banks.

DBS Chief Financial Officer Chng Sok Hui stated that the award reflects the strength and resilience of the group’s business network and its disciplined approach to risk management amidst ongoing economic uncertainty and geopolitical tensions.