SINGAPORE: DBS has been named the world’s best private bank at the Euromoney Private Banking Awards, the first Asia-headquartered bank to win the top honor in the awards’ 22-year history.
The recognition underscores DBS’s blend of financial performance and institutional resilience. The bank also earned inaugural titles for world’s safest private bank and world’s best for digital assets.
DBS Digital Exchange (DDEx), launched in 2021, enabled wealth clients to trade digital assets, handling over S$2.6 billion in crypto and crypto-linked instruments in early 2025.
DBS Trustee, the world’s first bank-backed trust holding cryptocurrencies, saw inflows surpass S$2 billion in 2024.
"While we are proud of how far we have come, we remain focused on raising the bar further by continuing to innovate, staying close to our clients’ needs and helping shape the future of private banking," said Joseph Poon, group head of DBS Private Bank.