DBS Inaugurates New Taiwan Headquarters

DBS Bank today formally opened its new Taiwan headquarters at Shin Kong Xinyi Financial Center as it strengthens its presence in the country.

“Taiwan plays an integral role in Asia’s rise and DBS Taiwan is fast becoming a key part of the DBS Group. We are very pleased with the progress we are making in Taiwan and are firmly committed to this market, not just today but for the long haul,” DBS Group Holdings’ Chairman Peter Seah said at the inauguration.

“DBS reported record earnings of SGD 807 million (NTD 18.6 billion) in the first quarter of the year and we continue to successfully grow our franchise in Greater China. Our presence in Taiwan enables us to better serve our customers and intermediate trade and capital flows in the region,” he added.

The new headquarters occupies three storeys, or a total of 1,755 ping and accommodates about 350 staff.