The Business Times
business-time-50
SUBSCRIBERS

DBS loan demand to remain strong in H1, full-year growth likely at 5% to 6%: CEO Tan Su Shan

The bank has other assets to deploy into if loan demand declines in H2 amid persistent trade war

Summarise
google-preferred-sourceAdd BT as a preferred source
Tan Nai Lun

Tan Nai Lun

Published Thu, May 8, 2025 · 01:36 PM
    • DBS CEO Tan Su Shan sees limited impact to “first-order risks” – which are direct risks on sectors and countries – given that DBS' exposure to US-China flows is muted.
    • DBS CEO Tan Su Shan sees limited impact to “first-order risks” – which are direct risks on sectors and countries – given that DBS' exposure to US-China flows is muted. PHOTO: REUTERS

    [SINGAPORE] DBS expects its loan demand will remain strong in the first half of 2025, but warned that it may slow in the second half if the trade war persists, said chief executive Tan Su Shan.

    The lender is projecting its full-year loan growth to be around 5 to 6 per cent, depending on how loan demand fares in the second half of 2025.

    Nevertheless, Tan expects DBS has other assets – which will be interest-bearing and have good return on equity (ROE) – that it can deploy its deposits into, even if loan demand falls, she said at the lender’s first-quarter 2025 results briefing on Thursday (May 8).

    DBSFinancial resultsTariffsSingapore banksTrump tariffsTrade finance

    TRENDING NOW

    Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

    On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

    Thailand’s target is to export seven million tonnes of rice globally in 2026, but the Middle East war has turned the world topsy-turvy with supply disruptions, high oil prices and economic uncertainty.

    Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why

    Senior Minister of State for Digital Development and Information Tan Kiat How said the government is working with partners who have access to Anthropic's Mythos to understand its capabilities.

    MAS convenes bank CEOs over AI cyberthreats; boards told to own risks, not leave to IT teams

    Electric vehicles and the changed dynamics of mainstream and luxury car segments mean Certificates of Entitlement should not be used to classify cars.

    Is it time to scrap COE categories for cars? 

    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