Private company

DBS Bank Hong Kong

DBS Bank (Hong Kong) Limited (Chinese: 星展銀行 (香港) 有限公司) is a licensed bank incorporated in Hong Kong and is a subsidiary of DBS Bank headquartered in Singapore.1

Last updated Oct 18, 2026.

Overview

1995Founded1

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DBS Bank (Hong Kong) Limited (Chinese: 星展銀行 (香港) 有限公司) is a licensed bank incorporated in Hong Kong and is a subsidiary of DBS Bank headquartered in Singapore. As at 31 December 2024, it is the ninth-largest bank in Hong Kong by highest total assets.2

How it started

History

In 1999, DBS Bank acquired Kwong On Bank and formed the DBS Kwong On Bank Limited. In 2001, DBS Bank acquired Dao Heng Bank, including its subsidiary, Overseas Trust Bank, from Guoco Group.

In 2003, DBS Bank merged the three banks, DBS Kwong On Bank Limited, Dao Heng Bank and Overseas Trust Bank, to form DBS Bank (Hong Kong) Limited.

In September 2010, Sebastian Paredes was appointed CEO of DBS Bank (Hong Kong) Limited.

On March 17, 2014, DBS Bank Ltd (DBS) announced to acquire the Asian private banking business of Societe Generale in Singapore and Hong Kong, as well as selected parts of its trust business. The business was successfully integrated into DBS in October 2014. The integration bolstered DBS’ private banking business in Hong Kong and North Asia.

On September 11, 2017, DBS Bank Ltd (DBS) successfully completed the acquisition of Australia and New Zealand Banking Group's retail and wealth business in Hong Kong.

From Wikipedia’s article on DBS Bank Hong Kong, shared under CC BY-SA 4.0.2

Timeline

  1. 1995Founded Founded1

Sources

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