DBS wants a million retail customers invested and insured
This is in line with bank's goal to set industry benchmark in digital financial planning
Singapore
DBS aims to have in the next few years a million retail customers insured and invested as it looks to tap a more consolidated trove of customer data to ramp up its digital financial advisory tool.
This number now stands at less than half, though 20 per cent higher year on year, as personal finance habits continue to grow, Evy Wee, DBS head of financial planning and personal investing, told The Business Times in an exclusive interview.
TRENDING NOW
Taiwan’s wealthy seeks diversification to Singapore, sparking private banking race: Bloomberg
Evergreen funds making inroads into Asia: HarbourVest
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Serenity Park condo owners lower asking price to S$440 million in second shot at collective sale