The Banker names DBS Global Bank of the Year 2025

Key facts

• DBS has been named Global Bank of the Year 2025 by The Banker.
• This marks DBS's third win in the Global Bank of the Year category.
• DBS also secured Asia Bank of the Year, Singapore Bank of the Year, Investment Bank of the Year – Asia, and Investment Bank of the Year for Financial Institutions Group.
• The awards were decided from submissions by 294 banks globally.
• The Banker highlighted DBS's investment in AI to protect customers from financial scams and its commitment to training staff on new technology.
• DBS's work on smart contracts designed to deliver faster, smoother payments across jurisdictions impressed the judging committee.
• DBS's approach to applying AI, machine learning, and digital infrastructure across operations and customer services was a key factor in the assessment.
• DBS recently crossed $100 billion in market capitalisation in 2024, becoming the first Singapore-listed company to do so.
• For FY24, DBS recorded 11% growth in net profit and 11% growth in Tier-1 capital.
• DBS's return on equity was 18%, cost-to-income ratio was 39.9%, and non-performing loan ratio was 1.1% for FY24.