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DBS aims to double Thai wealth business by 2023

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Vivienne Tay

Vivienne Tay

Published Wed, Sep 18, 2019 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    DBS Bank on Wednesday said that DBS Private Bank and brokerage DBS Vickers Securities (Thailand) are partnering to double wealth assets managed in Thailand to S$8 billion from S$4 billion by 2023.

    This is in order to tap Thailand's "growing pool" of high-net-worth individuals (HNWI) looking to diversify their portfolios, said the bank.

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