DBS Group Holdings Limited List of subsidiaries, associates and consolidated structured entitites - 31 Dec 2019
Subsidiaries Associates 1 DBS Bank Ltd. 54 Central Boulevard Development Pte. Ltd. 2 DBS Bank (China) Limited 55 Changsheng Fund Management Company Limited 3 DBS Bank (Hong Kong) Limited 56 Network for Electronic Transfers (Singapore) Pte Ltd 4 DBS Bank (Taiwan) Ltd 57 AllianceDBS Research Sdn Bhd 5 DBS Vickers Securities Holdings Pte Ltd 58 Century Horse Group Limited 6 PT Bank DBS Indonesia 59 Clearing and Payment Services Pte Ltd 7 DBS Bank India Limited 60 ICCP Capital Markets Limited 8 The Islamic Bank of Asia Limited 61 Investment and Capital Corporation of the Philippines 9 DBS Asia Hub 2 Private Limited 62 Orix Leasing Singapore Limited 10 DBS Capital Investments Ltd 63 Raffles Fund 1 Limited 11 Heedum Pte. Ltd. 64 The Asian Entrepreneur Legacy One, L.P. 12 Primefield Company Pte Ltd 65 PSBC Consumer Finance Company Limited 13 AXS Pte. Ltd. 66 Heveaconnect Pte Ltd 14 DBS Securities (Japan) Company Limited 15 DBS Trustee Limited Consolidated Structured Entities 16 DBS Diamond Holdings Ltd. 67 Bayfront Covered Bonds Pte Ltd 17 DBS Group (HK) Limited 18 DHB Limited 19 Dao Heng Finance Limited 20 DBS COMPASS Limited 21 DBS Kwong On (Nominees) Limited 22 DBS Trustee (Hong Kong) Limited 23 Ting Hong Nominees Limited 24 Hang Lung Bank (Nominee) Limited 25 Overseas Trust Bank Nominees Limited 26 DBS Asia Capital Limited 27 DBS Investment & Financial Advisory Co., Ltd. 28 DBS Group Holdings (Hong Kong) Ltd. 29 DBS Kwong On Limited 30 Carrollton Pte. Ltd. 31 DBS Vickers (Hong Kong) Limited 32 DBS Vickers Securities (Hong Kong) Limited 33 DBS Vickers Securities (Thailand) Co., Ltd. 34 DBS Vickers Securities (UK) Limited 35 DBS Vickers Securities (USA) Inc. 36 DBS Vickers Securities (Singapore) Pte Ltd 37 DBS Vickers Securities Nominees (Hong Kong) Limited 38 DBS Vickers Securities Nominees (Singapore) Pte Ltd 39 PT DBS Vickers Sekuritas Indonesia 40 Vickers Ballas Consultancy Services Limited 41 Vickers Ballas Investment Management Limited 42 Vickers Ballas & Company Pte Ltd 43 DBS Vickers Securities (Philippines) Inc 44 DBS Nominees (Private) Limited 45 Kendrick Services Limited 46 Lushington Investments Limited 47 Quickway Limited 48 DBSN Services Pte. Ltd. 49 Ganges I Pte. Ltd. 50 Ganges II Pte. Ltd. 51 Ganges III Pte. Ltd. 52 Ganges IV Pte. Ltd. 53 Ganges V Pte. Ltd.