DBS has revealed plans to launch 18 wealth centres across Asia by the end of 2027, alongside refurbishment work at 36 current sites over the next 18 months.
The expansion and upgrades will cover Singapore, Hong Kong, mainland China, India, Indonesia and Taiwan.
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The bank described the move as the largest build-out of its wealth network so far.
The move is intended to place its wealth services nearer to affluent and high-net-worth customers in the markets.
In Singapore, DBS said its Treasures wealth centre network is expected to grow by 50% because of the additional sites.
In Singapore and Hong Kong, which it identified as its two largest markets, the sites will serve treasures customers. In its other four main markets, the centres will cater to both treasures and treasures private client customers.
According to the bank, the new centres will include areas where clients and relationship managers can examine portfolios and discuss investment and insurance offerings, including institutional-grade asset classes.
The centres are being developed with cross-border banking in mind, offering onshore-offshore links to reflect the way wealth in Asia is held across several jurisdictions.
The sites will be used for small seminars, selected forums and group discussions involving clients, bank executives, specialists, market strategists and external thought leaders.
In addition, the centres are designed for discussions rather than routine transactions, with more meeting rooms for conversations on family wealth, succession planning and other long-term financial decisions.
DBS wealth assets under management stood at S$492bn in the first quarter of 2026.
It also said up to 40% of new Private Bank customers so far have come from its existing client base as they moved into higher wealth segments.
The first batch of new centres is due to open from the third quarter of 2026, with further openings scheduled through 2027. DBS said more information on individual market launches will be released in the coming months.
DBS group consumer banking head Sanjoy Sen said: “The client who opens an investment account with us in his/her 20s could be the founder we serve through their forties and the family office principal we work with in their seventies. Other banks segment by how much their clients have at a single moment in time. We focus on what wealth means to them at each stage of their lives.
“To reinforce that philosophy, our wealth centres will become spaces where our relationship managers can deliver personalised care and conduct meaningful conversations that support our clients’ wealth ambitions.”
