The Business Times
business-time-50

DBS eyes higher growth from SME segment

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

google-preferred-sourceAdd BT as a preferred source
Published Fri, Mar 21, 2014 · 10:00 PM

    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 year that DBS is bracing itself for, with Mr Lim being candid in seeing some loan losses in the SME space, though non-performing loans (NPLs) for the bank - as well for as its homegrown peers - have been tiny on the whole.

    TRENDING NOW

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    SJ Heng, senior director of commerce at Heineken Asia-Pacific, says that a beer's brand is "not determined by the postal code of the brewery".

    Tiger Beer lines up new products as Singapore operations’ role shifts from brewing to innovation

    Granite Asia senior managing partner Jenny Lee (left) and BT wealth editor Genevieve Cua at the inaugural Business Conclave.

    Single founders, billion-dollar valuations: AI is minting unicorn startups at birth

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More