DBS was set up in 1968 as a development financing institution. Its branches, numbering more than 100, are now islandwide.
In 1998, DBS Bank merged with POSBank, giving it a dominant market share with over 4 million customers.
Now, DBS operates not only locally in Singapore, but also has branches and offices in the United States, United Kingdom, Japan, Hong Kong, India, Malaysia, Myanmar, China, Taiwan, Korea and Thailand.
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