Explanation:

• DBS Bank, formerly known as the Development Bank of Singapore , headquartered in Marina Bay, Singapore.“In a year of major turbulence on several fronts, DBS is confirmed to be the safest bank in Asia for the 12th consecutive year and one of the World's Safest Banks globally. It is a sign of the bank's strength and resiliency, and the result of its strong presence in key markets across the region,” Global Finance.
• DBS Bank Ltd is a Singaporean multinational banking and financial services corporation headquartered in Marina Bay, Singapore. The company was known as The Development Bank of Singapore Limited, before the present name was adopted on 21 July 2003 to reflect its changing role as a global bank.
  
• The bank was set up by the Government of Singapore on 16 July 1968 to take over the industrial financing activities from the Economic Development Board. Today, its branches numbering more than 100 can be found island-wide. DBS Bank is the largest bank in Southeast Asia by assets and among the larger banks in Asia, with total assets of S$518 billion as at 31 December 2017. It has market-dominant positions in consumer banking, treasury and markets, asset management, securities brokerage, equity and debt fund-raising in Singapore, Hong Kong and Taiwan. DBS Bank's largest, and controlling, shareholder is Temasek Holdings, Singapore's second-largest sovereign wealth fund (after GIC). As of 31 March 2018, Temasek owns 29% of DBS shares.