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Bank of Singapore gets licence to operate Dubai branch

Angela Tan

Published Tue, Nov 22, 2016 · 09:50 PM

Singapore

BANK of Singapore, the private banking arm of OCBC Bank, has been granted a category 4 licence to operate a branch in the Dubai International Financial Centre (DIFC).

DICF, a federal financial free zone in Dubai, is regulated by the Dubai Financial Services Authority (DFSA).

The licence will allow Bank of Singapore to offer a comprehensive range of customised private banking solutions including investments, and credit and wealth planning advisory services to its ultra high and high n…

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