DBS is a leading financial services group in Asia, with over 250 branches across 17 markets. DBS is reportedly the largest in Singapore, as measured by assets, and a leading bank in Hong Kong. DBS’ “AA-” and “Aa1″ credit ratings are among the highest in the Asia-Pacific region.
DBS has a network of retails in Singapore with 79 branches island-wide. More than 900 ATMs of DBS handle over half of all ATM transactions in Singapore. DBS has leading positions in consumer banking, treasury and markets, asset management, securities brokerage, equity and debt fund raising in Singapore. DBS Singapore have supported many Singapore enterprises as they expanded across Asia and beyond.
DBS is recognised as the Bank of the Year, Asia by The Banker, a member of the Financial Times Group, and Best Bank in Asia-Pacific by Global Finance. The bank has also been named “Safest Bank in Asia” by Global Finance for six consecutive years from 2009 to 2014.
DBS usually offers customisation for home loans where borrowers can enjoy fixed rates from two to four years, continued by a floating rate. There are options of choosing lock-in or no lock-in period with a 3-month SIBOR rate. Borrowers can also choose a Mortgage Rate Protector plan, which imposes a cap on how high their interest rates can rise.
Who can apply for DBS Home Loans?
- Singaporean citizens and permanent residents.
- Foreigners who are residing and working in Singapore.
Utilise SGDTips’ home loan calculator to estimate your monthly repayments. If you are interested in taking out a DBS home loan, click the apply button and fill in a simple application form and you will be attended by experienced mortgage consultants.