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Singapore Deposit
Insurance Corporation Ltd

10 Shenton Way #11-06
MAS Building
Singapore 079117
Tel: 6513 2015
E-mail: info@sdic.org.sg
Deposit Insurance Scheme

List of Scheme Members

All full banks and finance companies in Singapore are members of the Deposit Insurance Scheme (Scheme members), except those exempted by the Monetary Authority of Singapore.

The Scheme members are:

[Note that these links direct you to the respective Scheme Members' website]

Full Banks

ABN AMRO BANK NV
AMERICAN EXPRESS BANK LTD
BANGKOK BANK PUBLIC COMPANY LIMITED
BANK OF AMERICA, NATIONAL ASSOCIATION  
BANK OF CHINA LIMITED
BANK OF EAST ASIA LTD
BANK OF INDIA
BANK OF SINGAPORE LTD
BANK OF TOKYO-MITSUBISHI UFJ, LTD
BNP PARIBAS
CALYON
CIMB BANK BERHAD
CITIBANK NA
CITIBANK SINGAPORE LIMITED
DBS BANK LTD
FAR EASTERN BANK LTD
HL BANK  
HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED
INDIAN BANK  
INDIAN OVERSEAS BANK
JPMORGAN CHASE BANK, N.A.  
MALAYAN BANKING BHD
MIZUHO CORPORATE BANK LTD
OVERSEA-CHINESE BANKING CORPN LTD
PT BANK NEGARA INDONESIA (PERSERO) TBK
RHB BANK BERHAD
STANDARD CHARTERED BANK
STATE BANK OF INDIA
SUMITOMO MITSUI BANKING CORPORATION  
UCO BANK  
UNITED OVERSEAS BANK LTD

Finance Companies

HONG LEONG FINANCE LIMITED
SING INVESTMENTS & FINANCE LIMITED
SINGAPURA FINANCE LTD

Exempted Institutions

THE ISLAMIC BANK OF ASIA LIMITED

 

Note: Full banks are licensed to transact the whole range of banking business which includes deposit taking, the provision of cheque services and lending.  On the other hand, finance companies focus on providing small-scale financing, including instalment credit for motor vehicles.  Both full banks and finance companies are permitted to take Singapore dollar retail deposits.