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DBS's institutional banking growth to slow

But the lucrative cash management services rose 20 per cent in H1, continue to expand at double digits

Ms Wong said the cooling of China's economy will hit DBS's institutional banking business this year. She said China is buying less and "the whole supply chain is affected"


THE cooling of China's economy will ease the growth of DBS Group Holdings' institutional banking business this year, after a double-digit expansion in the past five years, the bank's institutional banking head Jeanette Wong predicts.

"Sometimes when you have a large base