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DBS Q1 mortgage book shrinks for first time in years

DBS's total housing loans fell to S$74.4 billion as at March 31, 2019, down from S$75 billion as at end-2018. It was S$73.5 billion on March 31, 2018.


DBS Group Holdings, the nation's largest home loan provider, saw its mortgage book shrink for the first time in years in the first quarter of 2019, chief executive Piyush Gupta said on Monday.

"The negative quarter was the first time in many, many years," Mr Gupta said...

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