DBS Bank will start a securities business in Japan next month to help institutional investors and companies tap Asia's financial markets.
It aims to capitalise on the move by Japanese investors to seek better yields in overseas markets in the wake of slow domestic growth and the country's rapidly ageing population.
DBS said in a statement that it will offer investors in Japan an alternative to the low and negative interest rate environment prevailing in their country.
It added that Asia's rapid economic growth means there are now more Asian investment-grade companies offering investment opportunities in the United States and Europe.
Ms Mana Nabeshima, country head at DBS Japan, will spearhead the initiative.
DBS will be able to act as an intermediary of investment flows between Asian corporates and Japanese investors with our high credit rating, strong capital position, unique Asian insights and extensive network in Asia.
MS MANA NABESHIMA, country head at DBS Japan, who will spearhead the initiative.
Ms Nabeshima, who joined DBS in March last year, was given the task of building the bank's business in Japan. She was managing director at Goldman Sachs in Singapore and Tokyo for 12 years.
She also handled derivatives sales and private banking at Citibank.
She said in a statement: "DBS will be able to act as an intermediary of investment flows between Asian corporates and Japanese investors with our high credit rating, strong capital position, unique Asian insights and extensive network in Asia."
DBS opened its Tokyo branch in 1977. Japan and Singapore have strong economic ties and are the second-largest foreign direct investors in each other's countries. This year marks the 50th anniversary of diplomatic relations between the two nations.