DBS Woodlands Service Centre

DBS Bank Ltd is a global banking and financial services corporation headquartered in Marina Bay, Singapore. Established on 16 July 1968 by the Government of Singapore to take over the industrial financing activities from the Economic Development Board, [8] the bank’s key purpose was to offer loans and financial aid to the manufacturing and processing industries and to help establish and upgrade existing industries in Singapore. In 1960, the Singapore government invited a United Nations (UN) industrial survey mission to assess the economical situation in Singapore and to come up with an industrialisation programme for the city.The proposal included putting together a development bank, together with an economic body to attract foreign investments and provide financing and managing the industrial estates. The bank was incorporated in July 1968 and began operations in September of the same year.