By property length, DBS is the largest banks in Singapore and Southeast Asia.
According to its annual review released in March, the lender is now the largest shareholder in China’s Shenzhen Rural Commercial Bank, which it claimed gave it a strong foothold in the Greater Bay Area.
” It’s a good lender, it’s absolutely in Shenzhen… we are the largest shareholder, it’s in the small to medium business ( SME) area, it has nothing in house or real estate, it’s relatively clean,” Gupta said when asked if DBS wanted to increase its equity interest.
” Over time as it grows, there is an objective for it to Investor. We are therefore optimistic about the Greater Bay Area. we believe that exercise is beneficial. We think it’s a wonderful system.
” But before we do that, there is room for two-way firm, and openly our results on our purchase are fantastic. “