Vinhomes wins Vietnam’s best residential developer this year after demonstrating relentless efforts to launch new projects and lead residential development.

Strong capitalization, profitability, good capability in complex transactions and sustainable development make DBS Hong Kong's best bank for real estate.

DBS has been spearheading several significant transactions over the review period. The firm successfully navigates both onshore and offshore markets under complex market conditions, while addressing client needs with precision.

With a robust capital base, DBS has a strong ability and deep lending capacity for the capital-intensive real estate industry and has successfully completed significant transactions in the market to meet clients' needs while proving its strength in complex transactions during the research period.

DBS has demonstrated significant progress through its global connectivity strategy focusing on strategically selected gateway cities. By establishing local real estate teams in these key locations, DBS effectively supported clients as they expanded and diversified their operations. This targeted approach has been instrumental in driving the bank’s compound annual growth rate.

With strong strategic initiatives and remarkable deals, the real estate income of DBS has been growing despite market challenges.

DBS is a leading financial services group in Asia, operating in 19 markets with headquarters in Singapore. The bank's dominant presence in Asia contributes to its competitive advantage in FX for client services, innovative digital solutions and as a leading data provider.

Large Singaporean conglomerates looking for restructuring, corporate financing, listing, take-private or networking advice will without a doubt turn to DBS and brokerage arm DBS Vickers for their credentials, wide pan-Asia reach and strong market knowledge.

A big overhaul at DBS early this year is ushering in change. In March, the firm merged its equity capital markets business, brokerage arm DBS Vickers and DBS Digital Exchange with its existing treasury markets unit – a move bankers say will streamline operations across these products and fuel more collaboration.

When Piyush Gupta was named chief executive of DBS in 2009, the Singapore lender was going nowhere in particular. He gave it drive and direction, buying assets around Asia and transforming it into the world’s best bank. A series of tech outages put him in the spotlight for the wrong reasons, but Gupta will leave DBS in March with his head held high and his legacy intact. His capable and charismatic successor Tan Su Shan, the first woman to run southeast Asia’s largest bank, has big shoes to fill.

As multinationals navigate the complexities of developing Asian businesses – amid supply-chain reconfigurations, the rise of sustainable financing and the penetration of e-commerce – treasurers are playing a bigger role in strategic decision-making.

Yet again, DBS stands head and shoulders above the field in Asian wealth management.

The Singapore lender is looking to India in search of new business and growth opportunities, its chief executive Piyush Gupta tells Euromoney. Long term, it aims to emulate onshore the country’s best private-sector lenders, HDFC and Kotak Mahindra.

For its impressive commitment to this issue in the country, DBS wins the award for Taiwan’s best for sustainability.

DBS wins the award for Taiwan’s best international private bank in recognition of the quality of its services and its leading market position in the country.

DBS wins the award for Singapore’s best domestic private bank for the second consecutive year in recognition of its regional expertise, as well as the strength and sophistication of its wealth management offering.

DBS wins the award for its strength and innovative leadership in serving family office clients in Singapore.

DBS wins the award for its expertise in succession planning.

DBS wins this award for the strength and sophistication of its digital solutions.

DBS wins this award for best international private bank in Hong Kong in recognition of the quality and breadth of its services and its distinctive regional expertise.

This year, DBS has been named Asia’s best private bank for high-net-worth individuals, a testament to its innovative approach in this competitive wealth-management sector.

In a year that has seen Asia's financial institutions face mounting pressures from geopolitical headwinds, DBS retains its mantle as Asia’s best private bank 2024. This award comes in tandem with two other regional honours: best for family office services and best for high net-worth (HNW) individuals. Its managing director and group head is Joseph Poon.

With Singapore's ascent to a prominent hub for family offices in Asia, DBS has made quick work of establishing itself as a leading player in the region.

Competition in the high net-worth category is fierce: every private bank targets HNW customers, with the aim of making as many as possible of them long-term customers.

In 2023, Singapore attracted S$12.7 billion ($9.43 billion) in fixed asset investments, amid a challenging global environment, according to data from the country’s economic development board. The previous year it was even higher, at S$22.5 billion.

It has become fashionable to describe private credit as an opaque and fast inflating bubble that could bring crisis to the global financial system. But in Asia even banks and regulators hope it will grow to bridge the yawning financing gap.

Singapore’s DBS Bank has spent the past decade transforming itself into one of the world’s best digital banks. But a series of lengthy service outages over the past year has wrongfooted senior management, who have been left to issue apologies and pledge to do better.

With a presence in 19 markets globally, including Singapore, Hong Kong, China, India and the US as well as Europe, DBS delivered a record total income of S$16.5 billion ($12 billion) in 2022, a 20% increase in net profits to S$8.19 billion, return on equity of 15% and S$20.5 billion in sustainable financing loans.

Singapore is Asia’s leading private banking hub – and at the heart of that story is DBS, a bank that has remade itself over the past decade and a half into one of the world’s best wealth managers.

Analysts tracking the trajectory of Asian wealth and trends around gross domestic product are free to peruse government data, surveys and all available reports. Yet some of the most telling clues as to what is going on in this fast-growing region can be found inside the balance sheet of DBS Private Bank.