Featured Archives • Page 958 of 1260 • Financial News

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Quick takes: Singapore banks touch earnings estimates, restore dividends

WITH DBS closing the results season on Thursday, all three Singapore banks have restored their dividend payouts to pre-pandemic levels.

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DBS Q2 net profit up 37%, declares S$0.33 quarterly dividend

DBS's net profit for its second quarter rose 37 per cent as it joined its peers in posting a smaller allowance from the year-ago period, it said on Thursday.

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DBS Q2 net profit up 37%, loan book resilient amid Covid resurgence

DBS maintains a "high degree of confidence" going into the second half of 2021, with full-year allowances unlikely to exceed S$500 million even as Covid-19 infections make a resurgence across Asean, said its chief executive officer Piyush Gupta. 

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OCBC, UOB restore dividends, see improved outlook

OCBC and UOB returned their dividend payouts to pre-pandemic levels as the Singapore regulator lifted the cap on dividends paid against their 2021 earnings.

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UOB still upbeat on Asean growth despite pandemic challenges

UOB struck a positive note on growth in Asean even as the Covid-19 pandemic continues to ravage key markets, but stopped short of writing back provisions like what global banks have done as uncertainties remain.

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Singapore banks restore dividends as allowances fall, see improved outlook

OCBC and UOB returned their dividend payouts to pre-pandemic levels as the Singapore regulator lifted the cap on dividends paid against their 2021 earnings.

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HSBC Singapore rolls out global fund transfer feature on mobile app

HSBC Singapore has launched a new mobile in-app feature that allows customers to send money to overseas accounts with the same ease, transparency, and speed of doing a fund transfer and payment in Singapore.

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UOB Q2 net profit up 43%; declares S$0.60 dividend

UOB's net profit for its second quarter rose 42 per cent, as more economies reopened and as it posted lower credit allowance, it said on Wednesday.

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UOB positive on Asean despite pandemic; Q2 net profit up 43%

UOB's net profit for its second quarter rose 42 per cent, as more economies reopened and as it posted lower credit allowance, it said on Wednesday.

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OCBC Q2 net profit up 59%; declares S$0.25 dividend

OCBC's net profit for its second quarter rose 59 per cent, riding on an improved economic outlook, it said on Wednesday.

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