DBS to open 18 wealth centres across Asia by end of 2027

The bank said it is committed to providing its affluent clients with a range of services, from portfolio advisory to its tailored wealth solutions, in the markets where they already live and operate businesses.

DBS will open new and expanded wealth centres in China, Hong Kong, India, Indonesia, Singapore, and Taiwan, with the footprint of its wealth centres in Singapore alone set to increase by 50 per cent under the plans.

In Hong Kong and Singapore, which are DBS’s two largest markets, the bank will open wealth centres for Treasures clients, a status that comes with a region-by-region minimum investment threshold. In Singapore, for example, Treasures clients must have S$350,000 in investible assets.

In the other markets, the wealth centres will be open to both Treasures and Treasures Private customers. DBS added that the first new centres would open in the third quarter of 2026, followed by phased openings across the announced regions through 2027.

DBS said more of its clients in Asia are seeking advice on growing and protecting their wealth, adding that face-to-face meetings remain an important customer experience even as investment platforms become more digital.

Sanjoy Sen, group head of consumer banking at DBS, said: “What clients tell us, more than anything else, is that the relationship they want with their bank should feel personal, familiar and close to home.”

“That is true whether they are opening their first investment account in Hong Kong, planning succession in Singapore or navigating cross-border wealth from Taipei. These wealth centres are not just about expanding our footprint. They are about closing the distance between our clients and the relationship managers who serve them – meeting them where they live, where they work and where they build their lives.”

DBS’s wealth assets under management topped S$492 billion in the first quarter of 2026. Up to 40 per cent of its private bank clients, each of whom has a minimum of $5 million in assets under management, have come from existing clients whose wealth grew at DBS.



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