The goal of Development Bank of Singapore (DBS) this time round is to extend a branch of its own in India. It is planning to do it with a style in which will make the other banks to lose the game. This is because it will be promoting all the customers by offering them seven percent discount. The bank of Singapore is promoting the customer far much ahead such that, the online banking which will enable everybody to access without necessarily any amount of money in the account. The bank is motivating the customers because they will be in a position to access their accounts any time and also offering them a big interest of seven percent which is very motivating compared to what other banks are operating. In addition, as compared to other banks requirements, surly this bank of Singapore in India will be a total confusion to all other clients in other banks because of digital and good accompaniments which are for the betterment of the people sincerely speaking.
This bank of Singapore to India will also be at all times in a position to be accessing the automated machines without any limit. The customers will like it more because they will not be required to go to the branch and open their accounts there, they will just be opening anywhere at their own comfort because whoever has a smartphone will have won it in relation to opening the account. This will be bringing joy to many as it will save time instead queueing at the bank, one will just be transaction online anywhere. This will give opportunity to many especially the busy people who they do not have much time to go to the bank and wait for their turn to be served. It will enhance good service to the customers who have complained over the years due to rates in which the other banks are charging them. Indeed, this bank of Singapore will be aiming destroying the operation ot the other banks because the services which will be offered by the bank of Singapore are the best in the present time. This is because we are living in a modern lifestyle whereby we can do so many things online. No one will like to waste hours standing awaiting to be served at the bank. No one will hate serving him or herself with all the comfort that one is in need of. It will be such a wonderful service offered by the bank of Singapore.
The chief executive officer of the Developmental Bank of Singapore said that they are very much committed to serve their customers even those who are in the remote areas. He said that they are ready to offer various banking services to their people and especially those who are carrying on with their businesses. He said that they have put into to account to achieve fifty thousand crores in a span of five years. In addition, they are ready to offer ten thousand crore loans to people who are doing retail type of business. He also said they are a totally and with all means prepared to extend this branch of Singapore to India for Asia is also a nation with her banks operating in other countries and with this there is no way whatsoever they are going to stop extending the branch of bank of Singapore to India. They also have the confidence that India will have the best service from the bank of Singapore. They are completely willing to cause that steep competition in India.
He further said that India has the best facilities which are operation up to date and this is nowhere else in the world where it can be compared with. It will the first digital bank over the world. The practice on online services will be the best whereby there will be no need to go and sign using a pen. The services will be done from the mobiles and also the computers where there will be the exact credentials which are the artifacts of the unique and true individual person. There will be safety and every customer can have the access to the account at any given time without any restriction.
The chief executive officers assured that the customers will be in a position to have their own accounts as they can download them and their fingerprints certified in the local restaurants, precisely five thousand restaurants during the day, where they will be assisted. He also said that they are offering interests rates at a lower price compared to other banks. He said that the online services will lead the bank of Singapore lowering all what they have been spending in their banking offices in terms of people who offer services said over the world people are embracing digital services and over hundred million customers have been have shifted to online services. In Singapore most of business are digital.