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The launch of IB Asia follows DBS' stepped-up participation in the Middle East markets. DBS has placed a significant portion of large, landmark equity IPOs and securitisations in the Middle East and was among the first few Asia-based banks to receive a banking licence from the Dubai
International
173:
IB Asia is incorporated with a paid-up capital of USD500 million with DBS contributing USD250 million and holding a majority stake of 50 percent plus one share. A subsidiary of DBS, IB Asia commence operations on separate ground floor offices in DBS' headquarter facilities and will focus on
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IB Asia have an eight-member board of directors with His
Excellency, Abdulla Hasan Saif, Advisor for Economic Affairs to the Prime Minister, Bahrain, as Chairman.
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for a full bank licence. IB Asia's founding shareholders include majority stakeholder DBS and 34
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commercial banking, corporate finance, capital market and private banking services.
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243:"DBS Bank and prominent Middle Eastern investors launch The Islamic Bank of Asia"
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As of 11 July 2016, the homepage of IB Asia is not accessible.
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investors from prominent families and industrial groups from
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would progressively cease IB Asia which was estimated to
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on 7 May 2007 after receiving official approval from the
273:"DBS invests $ 380m in 'S'pore's first Islamic bank"
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when it is operated as a separate entity, therefore
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586:Crédit Agricole Corporate and Investment Bank
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202:website that as IB Asia is unable to achieve
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1184:Singaporean companies disestablished in 2015
997:Mitsubishi UFJ Trust and Banking Corporation
16:
482:
379:
365:
357:
22:
15:
1179:Singaporean companies established in 2007
304:. The Straits Times. 15 September 2015.
520:Industrial and Commercial Bank of China
302:"DBS to wind down Islamic banking unit"
296:
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277:The Straits Times (retrieved from NLB)
1062:Union de Banques Arabes et Francaises
7:
218:will continue to develop and offers
859:State Street Bank and Trust Company
621:Sumitomo Mitsui Banking Corporation
449:Oversea-Chinese Banking Corporation
937:Canadian Imperial Bank of Commerce
789:Mega International Commercial Bank
308:from the original on 23 April 2019
220:Islamic compliant banking products
147:The Islamic Bank of Asia (IB Asia)
14:
854:Société Générale Bank & Trust
388:
331:
198:has released a statement to the
719:Crédit Industriel et Commercial
659:Banco Bilbao Vizcaya Argentaria
418:Monetary Authority of Singapore
155:Monetary Authority of Singapore
1:
1037:Skandinaviska Enskilda Banken
1017:Raiffeisen Bank International
102:Abdulla Hasan Saif, Chairman
1174:Banks disestablished in 2015
779:Landesbank Baden-Württemberg
249:. 7 May 2007. Archived from
1200:
1159:Defunct banks of Singapore
1047:Sumitomo Mitsui Trust Bank
759:HSBC Private Bank (Suisse)
704:Chinatrust Commercial Bank
654:Agricultural Bank of China
406:List of banks in Singapore
1169:Banks established in 2007
1112:
942:Chang Hwa Commercial Bank
401:
214:. In the same statement,
21:
1012:Philippine National Bank
464:The Islamic Bank of Asia
163:Gulf Cooperation Council
17:The Islamic Bank of Asia
972:Hua Nan Commercial Bank
814:Norddeutsche Landesbank
804:National Bank of Kuwait
799:National Australia Bank
699:China Construction Bank
212:take about 2 to 3 years
139:www.islamicbankasia.com
977:Korea Development Bank
927:Bank Sarasin & CIE
839:Royal Bank of Scotland
674:Bank of Communications
194:On 14 September 2015,
72:15 September 2015
56:; 17 years ago
1052:Svenska Handelsbanken
556:Bank Negara Indonesia
459:Singapore Island Bank
74:; 8 years ago
1032:Siam Commercial Bank
1022:Royal Bank of Canada
601:Indian Overseas Bank
470:United Overseas Bank
395:Banking in Singapore
352:Factsheet of IB Asia
1082:and payment systems
1002:Nordea Bank Finland
987:Land Bank of Taiwan
829:Qatar National Bank
774:Korea Exchange Bank
535:State Bank of India
412:Ministry of Finance
18:
1080:Interbank networks
530:Standard Chartered
505:Citibank Singapore
204:economies of scale
200:Singapore Exchange
190:Operational Issues
186:Financial Centre.
113:Financial services
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1140:
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714:Commonwealth Bank
566:Bank of East Asia
434:Bank of Singapore
165:(GCC) countries.
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1007:Norinchukin Bank
849:Société Générale
694:China CITIC Bank
669:Bank Julius Baer
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444:Far Eastern Bank
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149:was launched by
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952:Crédit Agricole
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749:First Gulf Bank
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591:Hong Leong Bank
561:Bank of America
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253:on 5 March 2008
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117:Islamic banking
104:Vince Cook, CEO
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54:7 May 2007
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159:Middle Eastern
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729:Deutsche Bank
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724:Credit Suisse
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571:Bank of India
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479:Foreign banks
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1027:Shinhan Bank
967:HSH Nordbank
912:Bank Mandiri
744:Emirates NBD
551:Bangkok Bank
463:
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339:Banks portal
310:. Retrieved
281:. Retrieved
279:. 8 May 2007
276:
267:
257:24 September
255:. Retrieved
251:the original
246:
237:
224:
211:
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176:
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146:
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87:Headquarters
31:Company type
992:Lloyds Bank
947:Clearstream
879:Wells Fargo
874:VTB Capital
709:Commerzbank
689:Byline Bank
684:BNP Paribas
611:Mizuho Bank
596:Indian Bank
500:BNP Paribas
427:Local banks
1148:Categories
1067:Woori Bank
844:Scotiabank
754:Habib Bank
544:Full banks
515:ICICI Bank
488:full banks
486:Qualifying
229:References
181:Operations
98:Key people
79:2015-09-15
61:2007-05-07
35:Subsidiary
1118:OCBC Bank
957:Hana Bank
902:Arab Bank
869:UniCredit
640:Wholesale
626:MUFG Bank
576:CIMB Bank
466:(Defunct)
454:POSB Bank
347:DBS Group
222:instead.
91:Singapore
1154:DBS Bank
1132:DBS Bank
893:Offshore
834:Rabobank
824:Portigon
769:KBC Bank
764:ING Bank
734:DnB NORD
679:Barclays
649:ABN AMRO
631:UCO Bank
616:RHB Bank
581:Citibank
439:DBS Bank
312:6 August
306:Archived
283:6 August
216:DBS Bank
208:DBS Bank
196:DBS Bank
151:DBS Bank
129:DBS Bank
109:Products
41:Industry
1094:EZ-Link
884:Westpac
809:Natixis
739:DZ Bank
525:Maybank
169:Profile
135:Website
77: (
69:Defunct
59: (
51:Founded
45:Banking
1104:PayNow
124:Parent
895:banks
642:banks
1099:NETS
1089:atm5
510:HSBC
314:2019
285:2019
259:2019
1125:UOB
932:BNY
864:UBS
247:DBS
1150::
293:^
275:.
245:.
115:,
1134:.
1120:.
380:e
373:t
366:v
316:.
287:.
261:.
81:)
63:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
