Winners Rationale

“DBS Private Bank has been recognised as the Best Private Bank – Southeast Asia, reflecting its strong business performance, client-centric approach, and innovative wealth solutions across the region,” said Audrey Raj, editor of Asian Private Banker. “The award highlights the bank’s ability to deliver exceptional outcomes for UHNW and family offices while expanding its presence in key markets including Singapore, Thailand, Malaysia, Indonesia, and Vietnam.

“The bank’s multi-family office proposition, delivered through the DBS Multi Family Office Foundry VCC, has been a key driver of success. It provides a flexible, ‘plug-and-play’ solution that simplifies administration and enables customised investment strategies, reinforcing DBS’s position as a trusted partner for family offices and UHNW clients while supporting long-term succession and wealth planning.

“DBS Trustee has also strengthened its offering with sophisticated trust structures and philanthropic solutions tailored to evolving client needs. This includes family office trusts and philanthropic purpose trusts capable of investing across a range of assets, including private equity, digital assets, and VCC funds. The bank also launched donor advised fund services in collaboration with leading sponsoring organisations in Singapore, further enhancing its holistic wealth planning capabilities.

“Innovation has been central to the bank’s performance and it continues to innovate. The introduction of Wealth Co-Pilot, a generative AI tool, equips relationship managers with personalised insights to provide timely, relevant advice. Alongside these initiatives, DBS has expanded its regional coverage with additional relationship managers and specialists, supporting growth, client acquisition, and deeper advisory capabilities.

“These achievements collectively demonstrate DBS Private Bank’s ability and commitment to deliver outstanding client outcomes, drive sustainable growth, and innovate across services, solidifying its leadership position as the Best Private Bank – Southeast Asia. Congratulations to the team led by Joseph Poon.”