MeritKapital announces its new engagement with DBS Hong Kong, a leading financial services group in Asia with over 250 branches across 15 markets.
With headquartered in Singapore, it has a strong capital position as well as strong credit ratings (AA- and Aa1).
This has earned DBS the nomination of ‘the Safest Bank in Asia’ by Global Finance for the past 5 consecutive years.
Meritkapital performs a thorough due diligence on its choice of collaborating banks and other financial services institutions, a factor which has contributed towards its continuing solid financial performance.
Its collaboration with DBS is on the back of clients’ appetite for diversified geographical solutions for custody and other services amongst challenging economic times and reforming banking regulations.
Source: Financial Mirror