DBS Group Holdings Limited
Saturday, 18th September 1999
The Development Bank of Singapore Ltd (DBS) was restructured to become a wholly-owned subsidiary of DBS Group Holdings Limited. The principal activities of the DBS Group consists of investment holding, banking and financing, the provision of mortgage financing, lease and hire purchase financing, corporate advisory services, nominee and trustee services, funds management services, stockbroking, primary dealership in Singapore Government securities, merchant banking, factoring, credit card and venture capital operations, and other financial services.