What's the Difference?

DBS and POSB are both prominent banks in Singapore, with DBS being the parent bank and POSB being its subsidiary. While they share many similarities, there are a few key differences between the two. DBS is known for its focus on corporate and investment banking, offering a wide range of financial services to businesses and high-net-worth individuals. On the other hand, POSB primarily caters to retail customers, providing personal banking services such as savings accounts, loans, and credit cards. Additionally, POSB has a strong presence in the heartlands of Singapore, with a large network of branches and ATMs, making it more accessible to the general public. Overall, both DBS and POSB offer reliable and trusted banking services, but their target markets and areas of expertise differ slightly.


Parent CompanyDBS Group Holdings LtdDBS Group Holdings Ltd
Number of BranchesOver 280Over 50
ServicesBanking, Financial ServicesBanking, Financial Services
Customer BaseWide range of individuals and businessesWide range of individuals and businesses

Further Detail


DBS Bank and POSB Bank are two prominent banks in Singapore, both of which are part of the DBS Group. While DBS Bank primarily caters to the needs of high-net-worth individuals and corporate clients, POSB Bank focuses on retail banking services for the general public. In this article, we will compare the attributes of DBS and POSB, highlighting their similarities and differences.

Branch Network

DBS Bank and POSB Bank have an extensive branch network across Singapore, making it convenient for customers to access their services. DBS Bank has a larger number of branches, especially in prime locations and business districts, catering to its corporate clientele. On the other hand, POSB Bank has a wider reach with branches in heartland areas, serving the retail banking needs of the general public. Both banks also offer self-service banking options, such as ATMs and cash deposit machines, which are available 24/7.

Product Offerings

When it comes to product offerings, DBS Bank and POSB Bank provide a wide range of financial products and services to meet the diverse needs of their customers. Both banks offer savings accounts, current accounts, fixed deposits, and various loan options. DBS Bank, being more focused on high-net-worth individuals and corporate clients, provides specialized services like private banking, wealth management, and investment advisory. POSB Bank, on the other hand, offers products tailored to retail customers, including education loans, home loans, and insurance solutions.

Technology and Digital Banking

DBS Bank and POSB Bank have made significant investments in technology and digital banking to enhance customer experience and convenience. Both banks offer internet banking platforms and mobile apps that allow customers to perform various banking transactions, such as fund transfers, bill payments, and account management, from the comfort of their homes or on the go. DBS Bank, being the larger entity, has been at the forefront of digital innovation, introducing features like biometric authentication and AI-powered chatbots to provide personalized and secure banking services. POSB Bank has also embraced digital transformation, continuously improving its digital offerings to cater to the evolving needs of its customers.

Customer Service

DBS Bank and POSB Bank prioritize customer service and strive to provide excellent support to their customers. Both banks have dedicated customer service hotlines and email support to address customer queries and concerns. DBS Bank, with its focus on high-net-worth individuals and corporate clients, offers personalized relationship managers who provide tailored financial advice and assistance. POSB Bank, on the other hand, emphasizes accessibility and has customer service centers in various locations, ensuring customers can easily reach out for assistance. Both banks also have comprehensive online help centers and FAQs to provide self-service options for common queries.

Corporate Social Responsibility

DBS Bank and POSB Bank are committed to corporate social responsibility and actively contribute to the community. DBS Bank has established the DBS Foundation, which supports social enterprises and initiatives that create a positive impact on society. The bank also organizes various volunteering activities for its employees to give back to the community. POSB Bank, being a bank with a strong retail presence, has initiatives like the POSB NeighboursFirst Fund, which supports community projects and programs. Both banks have a strong focus on sustainability and have implemented environmentally friendly practices in their operations.


DBS Bank and POSB Bank, both part of the DBS Group, offer a comprehensive range of banking services to cater to the diverse needs of their customers. While DBS Bank focuses on high-net-worth individuals and corporate clients, POSB Bank serves the retail banking needs of the general public. Both banks have extensive branch networks, provide a wide range of products, embrace technology and digital banking, prioritize customer service, and actively contribute to the community through corporate social responsibility initiatives. Whether you are a high-net-worth individual, a corporate client, or a retail customer, DBS Bank and POSB Bank have the attributes to meet your banking requirements.

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