DBS ranks top in Singapore syndicated loans

AS South-east Asia's largest bank, DBS Bank usually leads in the equity and bond spaces. This year has been especially sweet for the lender as it also clinched the top spot for Singapore syndicated loans.

DBS's market share of Singapore syndicated loans was 20.43 per cent, from 23 deals worth US$5.8 billion for the first nine months of 2013, data from Thomson Reuters showed.

Coming a close second was United Overseas Bank with a 19.77 per cent market share from 19 deals worth US$5.6 billion. In third place was OCBC Bank, whose market share was 7.61 per cent from 20 deals worth US$2.2 billion.