ABN-AMRO Singapore
AFC Merchant Bank
ANZ Singapore
Arab Bank Singapore Branch
Citibank Singapore
Deutsche Bank AG Singapore Branch
Development Bank of Singapore (DBS)
Keppel TatLee Bank
Oversea-Chinese Banking Corporation Limited (OCBC)
Overseas Union Bank
Standard Chartered Bank
United Overseas Bank
Trading
List of Commercial Banks in Singapore
Published by Gbaf News
Posted on April 19, 2013
1 min read· Last updated: December 7, 2018
Key Takeaways
- Singapore’s commercial banking sector includes both local giants and international players.
- Major local banks include DBS, OCBC, and UOB, with significant regional influence.
- Foreign institutions like Citibank, Deutsche Bank, ANZ, ABN‑AMRO operate under MAS licenses.
- Some previously merged or rebranded banks (e.g. Keppel TatLee, Overseas Union Bank) reflect the sector’s consolidation.
- Merchant banks (e.g., AFC Merchant Bank) focus on wholesale and advisory services rather than retail deposits.
References
Frequently Asked Questions
What are the major local commercial banks in Singapore?
The key domestic banks are DBS Bank, Oversea‑Chinese Banking Corporation (OCBC), and United Overseas Bank (UOB).
Which foreign banks operate in Singapore?
Foreign commercial banks licensed in Singapore include Citibank, Deutsche Bank, ANZ, ABN‑AMRO, among others under MAS regulation.
What is a merchant bank in Singapore?
Merchant banks like AFC Merchant Bank engage in wholesale banking, corporate finance, underwriting, and advisory services, and are not permitted to take retail deposits.
Tags
Related Articles
US expects deal soon on Strait of Hormuz; Sunni powers unite in defense pact
US regulator rejects Dutch fintech Bunq's application for national bank charter
Spain to establish border controls on travellers from Italy amid migration row
OpenAI flags possible critical cybersecurity risk in upcoming model, tightens controls
Sweeping Russia energy sanctions head toward US Senate passage
More from Trading
Explore more articles in the Trading category
How Technology Is Quietly Reshaping Trading Infrastructure
Why Smarter Trading Depends on Better Information
How AI Is Supporting Smarter Trading Decisions
The Infrastructure Behind Faster and More Reliable Trading
The Psychology Behind Better Trading Decisions
Why Emotion Remains One of Trading's Biggest Challenges
Why Trading Technology Is Becoming More Invisible—and More Important
The Next Evolution of Digital Trading Platforms
The Growing Role of Real-Time Data in Modern Trading
Trading in Uncertain Markets: Why Preparation Matters More Than Prediction
The Overlooked Role of Position Sizing in Trading Success
Why Successful Trading Often Starts With Risk, Not Returns