Singapore – DBS has once again taken center stage in global banking after being named World’s Best Bank at the Euromoney Awards for Excellence 2025. This marks the third time the Singapore-based financial giant has won the prestigious title since 2019, reinforcing its position as a leading force in global finance and innovation.
The accolade reflects not just strong financial metrics, but a deeper transformation rooted in technology, trust, and purpose. According to Dominic O’Neill, Head of Banking at Euromoney, DBS distinguished itself by embracing a future-forward mindset, leveraging its tech investments, and remaining agile amid macroeconomic volatility.
“The bank’s agile-at-scale transformation has borne fruit in both revenue growth and customer satisfaction,” O’Neill said. “DBS is showing how a bank can lead in digital, in purpose, and in performance—without compromising any.”
This year’s Euromoney recognition also included two additional global honors for DBS:
- World’s Best Bank for Customer Experience
- World’s Best Bank for Corporate Responsibility
These wins are firsts in their respective categories for DBS, aligning with its strategic focus on digital engagement and social impact.
In its official statement, DBS highlighted how AI and data play a pivotal role in personalizing banking experiences. In 2024 alone, the bank delivered over 1 billion AI-generated notifications to guide more than 13 million customers toward smarter financial decisions.
On the environmental front, DBS committed S$89 billion (US$69 billion) in sustainable financing to accelerate Asia’s transition to a low-carbon future. It also pledged S$1 billion and 1.5 million volunteer hours over the next decade to uplift underserved communities across the region.
“Innovation and purpose are embedded in everything we do,” said CEO Tan Su Shan, who succeeded long-serving leader Piyush Gupta. “This recognition from Euromoney is a testament to our commitment to customers and society, and it strengthens our resolve to be a trusted, transformative force in Asia and beyond.”
Gupta himself was honored with the Outstanding Contribution to Banking Award, recognizing his visionary leadership that shaped DBS into the powerhouse it is today.
DBS continues to break records on multiple fronts. In 2024, it posted a total income of S$22.3 billion and net profit of S$11.4 billion, with a return on equity of 18%—among the highest globally. It also became the first Singapore-listed firm to cross US$100 billion in market capitalization.
Other notable winners at the Euromoney Awards 2025 include:
- Revolut – World’s Best Digital Bank
- Morgan Stanley – World’s Best Investment Bank
- Standard Chartered – World’s Best Bank for Securities Services
With this latest round of accolades, DBS continues to define the future of banking—not just for Southeast Asia, but for the world.