AGM WATCH
·
SUBSCRIBERS
DBS to double down on China and India, grow focus on digital assets
Bank has three key areas of focus in China and expects growth from takeover of Lakshmi Vilas Bank in India; it also sees opportunities in tokenisation
Published Tue, Mar 30, 2021 · 09:50 PM
Singapore
SOUTH-EAST Asia's largest lender DBS is looking to double down its presence in China and India as part of efforts to expand into the wider region.
At the bank's virtual annual general meeting (AGM) on Tuesday, DBS chief Piyush Gupta outlined three key areas of focus in China, namely its upcoming securities joint venture (JV), the consumer finance market and the Greater Bay Area.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
