The bank’s total allowance stood at S$6.4 billion, comprising S$4.1 billion in general allowances and S$2.4 billion in specific allowances.
CEO Tan Su Shan sees opportunities within the equities capital markets and debt capital markets, as corporates return to these markets amid...
The South Korean firm says that it plans to expand its global private credit footprint and enhance its capabilities in deal sourcing,...
As a result of the higher allowances, net profit falls 72% to S$443 million
The lender “pre-emptively set aside” additional allowances
The lender “pre-emptively set aside” additional allowances
The lender ‘pre-emptively set aside’ additional allowances
Shares of DBS rose more than 2 per cent shortly after the market opened on Thursday (Nov 6) morning, after the...
Shares of DBS rose more than 2 per cent shortly after the market opened on Thursday (Nov 6) morning, after the...
Lender’s Q3 net profit is S$2.95 billion – higher than the S$2.79 billion estimated in survey
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