Q4.      How did the integration help the development of DBS Bank?

The integration helps DBS Bank to pursue a better image from a local bank to a regional bank. The DBS Bank has developed markets in Hong Kong, as well as the Asia Pacific region.

Moreover, Dao Heng Bank’s business was very small in Hong Kong comparing to other banking organization. However, it ranks second in Hong Kong, which is after the Hong Kong Bank. For example, the private banking in Dao Heng Bank developed badly. After the integration, the private banking in the DBS Bank ranks the first in Hong Kong. It helped the management of the DBS Bank.

Since the Singapore government owns 40% of the DBS Bank, the fact and image help the development of DBS Bank.

The integration also helped the DBS Bank to save money (course saving) and attracted more professionals to work there. The capacity became larger, too. Although these things are intangible, it helped the development of the DBS Bank a lot.