BSI Bank (Singapore) Ltd.
BSI Bank Limited Singapore ("BSI Singapore") is a wholly owned subsidiary of BSI AG, Lugano, Switzerland.
Established in Lugano, the southern and Italian speaking part of Switzerland in 1873 under the name of Banca della Svizzera Italiana, BSI stands out for its client orientation centred on expertise, trust and discretion. In 1998 Banca della Svizzera Italiana became wholly owned by Assicurazioni Generali SpA and changed its name to BSI SA.
BSI AG focuses its banking activities on the wealth management area offering services to private and institutional clients in the management of financial assets.
Assicurazioni Generali SpA is the largest Italian insurance group and ranks amongst one of the largest insurance groups in the world with investment assets exceeding EUR 250 billion; its shares are listed on the Italian Stock Exchange, the German Electronic Stock Exchange and the London Stock Exchange. Generali has a worldwide network of 180 offices and a firm presence in Asia since the early 80's.
BSI Singapore focuses on wealth management and benefits of the experience, professional competence and international network of the BSI Group.
BSI Singapore is regulated by the Monetary Authority of Singapore.
BSI is a firm supporter of the arts and began its collection of art works since 2000. Since its inception, the BSI Art Collection has been enriched by the works of various prestigious artists.
Many of BSI’s contemporary art pieces are on permanent display at various BSI offices, promoting cultural growth. The works in the collection are conceived and created by the artists to adapt to the spaces in each BSI office or to reflect the culture of the region in which they are located. Each premise gains its own distinct identity through the works on display and strengthens its ties to the region and its rich culture.
To complete the Asian panorama of Contemporary Art in the BSI Art Collection, the BSI Singapore office permanently hosts a new generation of Chinese artists which includes Yan Lei, Zheng Guogu, Zhou Tiehai, Shi Xinning and Bai Yilou. They are the pioneering batch of intellectual artists who dialogue with conceptual art. The premises in Singapore also hosts collections from Reena Kallat, one of India’s best-known contemporary artists today, as well as Moon Beom who is among Korea’s most technically adept painters at creating hybrid works.
Services and solutions: tailored for you
Our clients have been successful because they look at a challenge, consider the options and develop a strategy that is creative, relevant and effective. They have every right to expect the same of us.
At BSI, we tailor our services and solutions according to your needs and expectations. We are driven by what is important and relevant to you.
This client-centric approach ensures that the products and services we recommend are tailored to meet every client’s personal requirements - be it for investment advice, trust and wealth planning or finding solutions to complex issues.
Each of our clients can depend on their Private Banker, together with the support and advice of our Investment and Wealth Solutions specialists, to create a personal investment strategy that reflects our holistic and truly open-architecture approach to helping you to manage your wealth.
The Republic of Singapore (also called the "Lion City") is made up of the main island of Singapore and 60 other smaller islands with a total area of 253 square miles (655 square kilometers) and 4.5 million people. Founded in 1819 as a trading centre by Sir Thomas Stamford Raffles, Singapore won its independence in 1965 and has rapidly emerged as one of Asia's economic "tigers".
Over the years, Singapore has attracted a large and diversified group of reputable local and international financial institutions. The Lion City is host to more than 600 financial institutions which offer a wide range of financial products and services. These include Private Banking, Asset Management, Investment Banking as well as Trust Services.
Over the last one and a half decades, Singapore has also started to position itself as an international center for trust administration, which is regarded as an important complement to the wealth management industry. In 2005 the Trustee Act was revised and at the same time mandatory Licensing was introduced for all activities relating to trust business with the Monetary Authority of Singapore as regulator.
The trust industry has since grown at a fast rate and there are some 50 licensed trust companies today. This growth is also reflected in the fast growing number of professionals active in the trust field, with the local chapter of STEP (Society of Trust and Estate Practitioners) now being one of the most important ones outside the United Kingdom.
The Lion City offers geographical diversification within a highly professional, safe and stabel environment. Customer confidentiality is assured by common law and by the Trustee Act while judicial independence allows a favourable tax environment offering selective tax exemptions without a tax haven.
Singapore is an important strategic choice for the BSI group and represents an alternative financial center for our private and institutional clients.