East & Partners

Top 100 Singapore corporates’ bankers are…

(Singapore) – In an analysis of its latest Top 100 Account File for Singapore, banking industry analysts, East & Partners, have identified exactly who the CEO and CFO regard as their the top two relationship banks.

In terms of service provider deemed as primary banker to this top-of-town corporate sector,
the leading 10 banks are currently:

Primary Banker Relationships
% of Relationships
DBS 35.9
OCBC 19.8
HSBC 6.9
ABN Amro 6.1
Citibank 6.1
UOB 6.1
OUB 5.3
Standard 4.6
Dresdner 2.3
Keppel 2.3
Other 4.6
TOTAL 100.0

Significant differences exist in secondary positioning with these corporates:

Secondary Banker Relationships
% of Relationships
OCBC 22.5
HSBC 12.5
DBS 12.5
UOB 10.0
Standard 8.3
Citibank 7.5
Bank of China 6.7
Dresdner 5.8
ABN Amro 5.0
OUB 5.0
Other 4.2
TOTAL 100.0

Note: where multiple banks have been accorded the same positioning
by the corporate, all have been treated equally)

DBS and OCBC between them dominate with a combined 55.7 percent of
primary and 35.0 percent of reported secondary positions, although, notably, their
respective rankings swap between the two. HSBC, Standard Chartered and Dresdner all
effectively double their account positioning from primary to
secondary, with Bank of China taking a respectable 7th rank as secondary
banker to Singapore’s Top 100 corporates, having recorded a nil appearance
as primary banker.

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