POSB Canberra Branch

POSB Bank (or simply called POSB) is a Singaporean bank offering consumer banking services and is the earliest bank in continuous operation in Singapore. Developed on January 1, 1877 as the Post Office Savings Bank, the bank now runs as part of DBS Bank, which acquired the institution and its subsidiaries on November 16, 1998.

Prior to its acquisition, the bank was a major public bank offering low-priced banking services to Singaporeans. DBS Bank attempts to continue this custom by assuring to keep expenses low for basic savings accounts, and to exempt kids, full-time students below the age of 21 years and full-time National Servicemen from bank charges.