Bank of Singapore
OCBC's dedicated private bank · Asia specialist
Wholly-owned private banking subsidiary of OCBC Bank. One of the largest Asian-headquartered private banks. US$5 million minimum. Greater China, ASEAN, and Middle East corridor specialist.
US$5 Million
2010
Why Choose Bank of Singapore?
Pure-Play Asian Private Bank
Dedicated private-banking entity, not a tier inside a larger bank. Asia-headquartered, Asia-focused investment book and relationship-manager bench.
Greater China + ASEAN Strength
Inherited the ING Asia Private Bank and Barclays Wealth Asia franchises. Deep coverage of Chinese, Hong Kong, Taiwanese, and ASEAN business-owner families.
Lombard + Property Credit
Strong real-estate-backed lending platform. Useful for clients wanting to finance Singapore / regional property purchases against investment portfolios.
OCBC Group Connectivity
Access to OCBC's corporate banking and Great Eastern (insurance / annuities) for clients running operating businesses or considering legacy structuring.
OCBC Group Wealth Tiers
| Service Level | Minimum | Entity |
|---|---|---|
| OCBC Premier | S$200,000 | OCBC Bank |
| OCBC Premier Private Client | S$1 Million | OCBC Bank |
| Bank of Singapore | US$5 Million | Bank of Singapore Ltd (dedicated PB entity) |
Ideal Client Profile
Bank of Singapore is particularly suited for:
- Asian business-owner families (US$5M+)
- Clients wanting an Asian private bank as primary relationship
- Greater China + ASEAN cross-border wealth structuring
- Property-backed Lombard credit + investment lending
Compare with Other Asian Private Banks
Bank of Singapore Private Banking — FAQs
What is the minimum for Bank of Singapore?
Bank of Singapore (BoS) requires a minimum of US$5 million (approx. S$6.7 million) in investable assets. BoS is OCBC's wholly-owned dedicated private-banking subsidiary, so clients below this minimum are served by OCBC Premier Private Client (S$1M) or OCBC Premier (S$200k).
Is Bank of Singapore the same as OCBC?
Bank of Singapore Limited is a wholly-owned subsidiary of OCBC Bank, established in 2010 from OCBC's acquisition of ING Asia Private Bank. They share ownership but operate under separate brands, licences, and balance-sheet structures. BoS is dedicated private banking; OCBC covers consumer and corporate banking.
Is Bank of Singapore regulated by MAS?
Yes. Bank of Singapore Limited holds a Full Bank licence from the Monetary Authority of Singapore. It is independently licensed from parent OCBC Bank.
What is Bank of Singapore strongest at?
Asia. Bank of Singapore is one of the largest Asian-headquartered private banks by AUM (US$130bn+ as of 2024). Particular strengths in Greater China, ASEAN, and Middle East corridors, and in real-estate-backed credit (Lombard + property-secured lending). Strong fit for Asian business-owner families wanting an Asian private bank as their primary relationship.
How does Bank of Singapore differ from DBS Private Bank?
BoS minimum is US$5M (DBS S$1M). BoS is a dedicated private-banking entity; DBS PB is a tier within DBS Bank. BoS has stronger international booking (acquired ING and Barclays Wealth Asia franchises); DBS PB has the largest Singapore-domestic HNW relationship base. Both are Asia-focused.
Considering Bank of Singapore or another Singapore private bank?
Tell us your portfolio size and what matters most. We match you with up to three MAS-licensed Singapore private banks and explain the trade-offs. Minimum portfolio for matching: S$1M.
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