Singapore, 15 July 2026 – DBS Group is targeting more than S$1 trillion, or around US$774 billion, in wealth assets by 2030 as Asia’s rising affluent population and growing cross-border money flows strengthen Singapore’s position as a major private-wealth hub.

The target represents a significant expansion from S$632 billion in wealth assets at the end of 2025 and underscores the bank’s ambition to capture a larger share of Asia’s fast-growing wealth-management market. Achieving the goal would require DBS to add close to S$400 billion in wealth assets within five years, matching in half a decade what previously took the bank around ten years to build.

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Bernard Lee
Bernard is a social activist dedicated to championing community empowerment, equality, and social justice. With a strong voice on issues affecting grassroots communities, he brings insightful perspectives shaped by on-the-ground advocacy and public engagement. As a columnist for The Ledger Asia, Bernard writes thought-provoking pieces that challenge norms, highlight untold stories, and inspire conversations aimed at building a more inclusive and equitable society.