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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

Published Mon, Aug 10, 2015 · 09:50 PM
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Singapore

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 you grow at a smaller pace," she said in an interview with The Business Times last Wednesday.

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