First Singapore bank to localize
Its business in china
DBS was the the first Singapore bank,and among the few foreign banks,to incorporate in china in may 2007. As a local subsidiary , DBS china is able to offer a comprehensive suite of Renminbi products and services to local residents in 2009,DBS china was the first to launch a debit card which allows cardholders to withdraw cash free of charge from over 110000 DBS ATMs and other ATMs which accept china Union pay cards in china,singapore and hongkong.