According to its official website, Bank of Singapore is the wholly owned private banking subsidiary of OCBC, Southeast Asia's second largest financial services group by assets. The bank was formed in 2010 following OCBC Bank's acquisition of ING Asia Private Bank (IAPB), acquired Barclays' wealth and investment management business in Singapore and Hong Kong in 2016 and opened a branch in the Dubai International Financial Centre (DIFC) in 2017. It is headquartered in Singapore, has branches in the DIFC, Hong Kong and London, and owns BOS Wealth Management Malaysia and BOS Trustee in Singapore. The site says it serves high-net-worth individuals, family offices and financial intermediaries through an open-architecture product platform, offering investment products, alternative investments, family office and succession planning, trust services and marketable securities, real estate and insurance premium financing; it describes the DIFC branch as a regional hub connecting the Middle East, South Asia and Europe to Asia. Its Dubai business is carried out by Bank of Singapore Limited, listed in the DFSA register as the branch of a non-DIFC company (F002375); the register entry carries no retail client endorsement. This information is the company's own statement.
PRODUCTSInvestment products · Alternative investments · Sustainable investing · Family office advisory · Succession planning · Trust services · Securities, real estate and insurance premium financing
Licences and regulation
DFSA (United Arab Emirates (Dubai))
Licence no.F002375
Licence holderBank of Singapore Limited
ScopeListed in the DFSA register as the branch of a non-DIFC company, licensed 17 Nov 2016; authorised for arranging deals in investments, advising on financial products, arranging custody, arranging and advising on credit and providing trust services.
StatusVerified
Sources and verification history
Official company sourcesbankofsingapore.com — homepage, Who we are (history), Our branches and subsidiaries, Disclosures
Regulator recordsDFSA — Bank of Singapore Limited, F002375 (dfsa.ae)
Company registerCompany registry details not stated on the website
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
ForexQ.com
