DBS digital currency exchange
DBS is DBS Bank
DBS, formerly known as Development Bank of Singapore, is the largest commercial bank in Singapore. In December 1998, it acquired Guang'an bank in Hong Kong and changed its name to DBS Guang'an bank
DBS is the first Singapore bank and one of the few foreign banks to set up a wholly-owned corporate bank in China. DBS Bank (China) Limited was officially opened on May 28, 2007. DBS entered China in 1993 and set up an office in Beijing. In 1995, DBS set up its first branch in China in Shanghai, and in 1998, as one of the first 10 foreign banks, it obtained RMB license
extended information:
main business of DBS:
1. Focus on serving central enterprises, state-owned enterprises and private enterprises; Form a perfect and consistent onshore and offshore operation mode with Hong Kong and Singapore to better serve customers with cross-border financing and transaction needs
2. DBS has more than 280 branches in 18 markets. Headquartered in Singapore, DBS is also a listed company in Singapore. Its business has developed rapidly in Asia, mainly around three growth axes, namely Greater China, Southeast Asia and South Asia
3. DBS Bank set up an office in Beijing in 1993 and became a locally registered foreign legal person bank in China in May 2007. DBS China's business focuses on corporate banking, global trading services and Treasury market, SME Banking and high-end personal banking servicesN° BIC code Institution Branch name City heading
1 DBSSSGSGIBD DBS BANK LTD. (INVESTMENT BANKING DEPARTMENT) SINGAPORE
2 DBSSSGSGPCG DBS BANK LTD. (PCG - PRIVATE BANKING DEPARTMENT) SINGAPORE
3 DBSSSGSGXXX DBS BANK LTD. SINGAPORE
DBS financial procts include foreign exchange, structured procts and funds<
foreign exchange
1. Foreign exchange procts - Xingsheng investment
Xingsheng investment is a structural investment proct linked to the exchange rate (risk level P3, general proct). If you think that the alternative currency will not depreciate to the agreed exchange rate, you can obtain higher investment income by investing in Xingsheng. When the proct matures, if the alternative currency falls relative to the agreed exchange rate, your investment principal and income will be converted into the alternative currency
2. Currency exchange
currency exchange helps you grasp the rising opportunities in the foreign exchange market, diversify your investment portfolio and rece your investment risk. You can also flexibly adjust the liquidity of assets according to your own personalized needs< Structural investment procts are linked with the market performance and income of a certain financial instrument, such as interest rate, stock, stock index, fixed income financial instrument, foreign exchange, or some combination of these financial instruments. Structured investment procts can create opportunities for you to obtain higher potential returns, and can also guarantee up to 100% maturity of your principal through your personalized settings
2. Tracking notes
the income of tracking notes is linked to a basic financial instrument, such as exchange traded fund (ETF) or stock. The tracking bills invested by overseas financial procts on behalf of customers are mainly linked with exchange traded funds or unit trust funds. By judging the trend of basic financial instruments, you may obtain potential investment income. Tracking notes are issued by overseas financial institutions, and investors have to bear the credit risk of the financial institutions
3. Securities linked structured notes - convertible notes (Basic Series)
is an overseas financing proct for clients and invests in overseas structured notes
funds (including overseas funds issued by our bank and domestic funds sold on our behalf)
1. Fixed income funds
fixed income funds invest in a variety of different debt instruments. Including bonds, loans and asset-backed securities, it can bring you more stable investment income and diversify your investment income
2. Balanced Fund
it is a kind of hybrid fund which combines stock and fixed income investment. For the comprehensive utilization of stocks and debt instruments, there is a clear al investment goal - based on stable investment income, and strive for good wealth growth
3. Stock funds
when investing in the stocks of listed companies, stock funds usually have specific and clear investment directions, including growth type and value type, regional, instrial or alternative investment, etc. Stock funds can also adopt diversified investment strategies to achieve the main goal of long-term capital appreciation
4. Money market funds
money market funds invest in short-term securities instruments in the money market, such as repurchase agreements issued by the government or enterprises, treasury bills, commercial bills, etc. Money market funds usually invest in securities with low risk, and the fund returns are short-term interest rate returns.
Dahua bank, the second largest bank in Singapore, mainly focuses on Southeast Asia
foreign banks in Singapore include HSBC, Standard Chartered Bank, Citibank and ABN AMRO Singapore.