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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

Published Mon, Nov 2, 2015 · 09:50 PM

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.

This comes as the bank saw new mortgage bookings of over S$3 billion in the last quarter - a level last seen two or t…

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Piyush Gupta

Singapore banks

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Companies & Markets

Companies & Markets

DBS upbeat on topline growth as it posts 6% rise in Q3 profit

KEYWORDS IN THIS ARTICLE

Companies & Markets

Euro at highest to yen since 2008, markets nervy over Tokyo stepping in

Apac Realty enters the Philippines with franchise agreement

Aztech Global Q1 net profit up 18.7% to S$16 million on foreign exchange gains, write-backs

UPS profit beats estimates as cost cuts offset weak delivery demand

PepsiCo beats quarterly revenue estimates on price hikes, steady demand

General Motors beats quarterly results targets, raises forecast

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