You are here

DBS eyes higher growth from SME segment

It hopes in time to have one-third of this sector's income coming from emerging markets

BT_20140322_JLDBS22_1011210.jpg
MR LIM Says DBS's lack of presence in Malaysia - Singapore's largest trading partner - is a 'definite disadvantage', adding however that the regional SME market is growing on the whole. - FILE PHOTO

Singapore DBS Group expects income growth from its small and medium enterprises (SME) segment to outpace last year's growth of over 10 per cent, and is pushing for more income from emerging markets, said Lim Chu Chong, the bank's regional head of SME banking. This comes amid some headwinds this