Amid surging demand for wealth management services across Asia, DBS today announced that it will open 18 new wealth centres across the region by end-2027. In addition, it will upgrade 36 existing wealth centres over the next 18 months.

The combination of new and upgraded wealth centres will open across Singapore, Hong Kong, mainland China, India, Indonesia and Taiwan, according to a statement by the Singapore-headquartered bank.

The wealth centres will enable the bank to provide a comprehensive service – from portfolio advisory to providing access to sophisticated wealth solutions. In Singapore and Hong Kong – the bank’s two biggest markets – the wealth centres will serve Treasures (for Singapore clients the minimum investible assets requirement is SGD 350,000 ($274,000).  In DBS’ four other key markets, the centres will serve both Treasures and high-net-worth Treasures private client customers.

The expansion comes at a time when Asia’s affluent wealth pool (households with $100,000 to $1m in investible assets”) is projected to reach $47trn. Even as investors increasingly switch to digital platforms to manage their wealth, face-to-face meetings still remain important for many.

Separate Capco surveys in Hong Kong and Singapore found that nearly half of their respondents (45% in Hong Kong; 44% in Singapore) continued to meet face-to-face with their relationship managers.

“What clients tell us, more than anything else, is that the relationship they want with their bank should feel personal, familiar and close to home,” said Sanjoy Sen, group head of consumer banking at DBS.

“That is true whether they are opening their first investment account in Hong Kong, planning succession in Singapore or navigating cross-border wealth from Taipei. These wealth centres are not just about expanding our footprint. They are about closing the distance between our clients and the relationship managers who serve them – meeting them where they live, where they work and where they build their lives.”

DBS’s wealth assets under management reached SGD492bn in the first quarter of 2026 and has surpassed the bank’s publicly stated SGD500bn target more than a year ahead of schedule. In addition, up to 40% of the bank’s new private bank clients to date have come from its existing base of clients who moved up the wealth ladder, it says.