POSBank

The local bank with the most extensive network, POSB has been providing our clients with a complete range of banking solutions since our inception in 1877. As we continue to build the "Savings Culture" we have inculcated, we are also constantly evolving with the changing economic scene in Singapore , so as to ensure that we keep delivering the best service and quality to our customers. POSB’s core values of trust, friendliness and convenient banking will always sit as the cornerstone of our commitment to our customers.

POSBank merger with DBS Bank in 1998.

In the 26 years since its inception as a statutory board, the Post Office Savings Bank (POSBank) has been a leader in providing retail banking services to the Singapore public. POSBank's savings account base covers about 95% of all adult Singaporeans, as well as many students and children.  The Government of Singapore has therefore decided to privatise POSBank, and accept an offer by DBS Bank to acquire POSBank and its subsidiaries. The acquisition will enhance DBSBank's position in global banking. DBS Bank is already Southeast Asia's largest bank and the 90th largest bank in the world. DBS Bank's acquisition of POSBBank will result in a combined asset base of $93 billion and shareholders' funds of $9.4 billion, making the enlarged DBS Bank the 65th largest bank in the world.

For immediate customer service 24-hours-a-day,

Banking related or personal account transaction enquiries
In Singapore, call 1800 111 1111
From Overseas, call +65 6327 2265

Website: dbs.com/posb

Updated On: 15.02.10