DBS Bank is a leading financial services group in Asia with a presence in 18 markets worldwide. As at 1 June 2019, DBS is valued at S$62.3 billion in market capitalisation. It is a major constituent of the Straits Times Index as DBS is one of the 30 largest companies listed on the SGX.

In this article, I will bring an update on its recent financial results and valuation figures. Here are 11 things to know about DBS Bank before you invest:

1. Loans and advances grew to S$345.0 billion in 2018, from S$323.1 billion in 2017. This was mainly contributed by growth in a few major segments such as manufacturing, building & construction, housing, and loans to financial institutions and investment & holding companies. Over the last 10 years, loans and advances has grown by a compound annual growth rate (CAGR) of 11.5% from S$130.0 billion in 2009.