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DBS's mortgage and insurance sales hit new highs in Q2

Consumer banking unit reports best results for Q2, with profit before tax jumping 56% and total income growing 27%

DBS's biggest advantage is in refinancing because the bank can do three-year fixed rate loans and at competitive rates, says Mr Gupta.


DBS Group Holdings' consumer banking is on a roll. Despite slower economic growth and a sluggish property market, the bank's home-loan and bancassurance sales are hitting records as the lender's strong franchise and dominant position in Singapore give it the edge over rivals.