DBS upbeat on topline growth as it posts 6% rise in Q3 profit
Bank shows no clear deterioration in loans linked to both China and the oil-and-gas sector
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
DBS Group Holdings expects topline growth of up to 8 per cent next year, driven by loans linked to Singapore mortgages and trade.
"Our core business should be able to deliver 7, 8 per cent topline growth," said Piyush Gupta, chief executive of DBS, at a results briefing on Monday.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore