SINGAPORE – It was a clean sweep for DBS and POSB in the banking categories at the AsiaOne People’s Choice Awards (PCA) 2016 held on Thursday night.
The two local banks garnered the most votes for Best Bank (POSB), Best Credit/Debit Card (DBS Visa Debit Card) and Best Mobile Banking Service (POSB mBanking), a new category that was introduced at this year’s annual awards.
The only other finalist to make it to the banking categories was OCBC. These three banks were the only ones to have emerged as Singapore’s most popular choices at the awards, which recognises the best products, brands and services as voted for by readers and consumers.
This year’s awards saw over 200,000 votes cast across 30 categories.
Best Bank
POSB Bank – WINNER
DBS Bank
OCBC Bank
Best Credit Card
DBS Visa Debit Card – WINNER
OCBC 365 Credit Card
POSB Everyday Card
Best Mobile Banking Service
POSB mBanking – WINNER
DBS mBanking
OCBC SG Mobile Banking
Explaining why a new mobile banking service category was introduced at this year’s awards, AsiaOne acting editor Karen Lim said: “We’ve seen how consumers have shifted online to make purchases or to seek out services to make purchasing decisions. With the addition of such categories, we hope to provide our readers with better choices that reflect their lifestyle today.”
Mr Chew Yung Jin, senior vice president of DBS’ consumer banking group, said that they are focused on “innovation, digital as well as the customer journey”.
“We are in the best position to turn the traditional banking model on its head and bring a much better, simpler and more joyful experience to our customers,” said Mr Chew.
Over 200 guests attended the awards ceremony held at the Singapore Press Holdings auditorium.
seanyap@sph.com.sg