Announcement
DBS Bank Ltd issued a press release on 23 October 2026 stating that it has been named the “Safest Bank in Asia” by Global Finance, marking the 18th consecutive year of this accolade, a streak that began in 2009 and runs through 2026. The recognition underscores DBS’s solid financial performance, strong risk management, robust governance and a resilient balance sheet.
Ranking Methodology
Global Finance’s World’s Safest Banks ranking, a benchmark that has been in place for 35 years, evaluates the long‑term foreign‑currency credit ratings assigned by Moody’s, Standard & Poor’s and Fitch to the 500 largest banks worldwide. DBS emerged as the top Asian bank based on this methodology.
Executive Comments
Joseph Giarraputo, Founder & Editorial Director of Global Finance, said that in a period of continued economic uncertainty, geopolitical tension and rapid change across the financial sector, strength, stability and disciplined risk management remain critical measures of banking excellence.
Chng Sok Hui, Chief Financial Officer of DBS, expressed honour at being recognised for the 18th year running, noting that the award reflects the strength and resilience of the DBS franchise and its disciplined risk management. He added that customers are seeking a safe and dependable bank in uncertain times and that DBS remains committed to being a beacon of stability.
DBS Profile and Recognitions
DBS is a leading financial services group in Asia with operations in 19 markets and a presence across Greater China, Southeast Asia and South Asia. The bank is headquartered and listed in Singapore and holds “AA‑” and “Aa1” credit ratings, among the highest globally. Apart from the Safest Bank in Asia award, DBS has been named “World’s Best Bank” multiple times by Euromoney, Global Finance and The Banker, and has received titles such as “World’s Best Bank for Customer Experience”, “World’s Best Bank for Corporate Responsibility” and “World’s Best Digital Bank” from Euromoney. It has also been recognised as the “World’s Best AI Bank” by Global Finance and has won several digital‑assets awards.
Corporate Responsibility and Services
DBS offers a full suite of consumer, SME and corporate banking services. Through the DBS Foundation, the bank creates impact beyond banking by providing essential needs to the under‑privileged, fostering financial and digital literacy, and nurturing innovative social enterprises. The bank emphasizes staff engagement and offers extensive career opportunities across its Asian network.
For further information, readers are directed to the bank’s website at www.dbs.com. (Disclaimer: This press release is distributed under an arrangement with PRNewswire; PTI assumes no editorial responsibility.)