You are here


The jewel in DBS's crown

The wealth management and consumer banking business is on a roll with profit before tax up 49% for the nine months ended Sept 30.

"Despite 2015 being challenging and 2016 more difficult, year-on-year we're still looking at double-digit growth." - Pearlyn Phau, DBS deputy group head of consumer banking and wealth management

THE last two years have been tough and Singapore is on the verge of tipping into a recession, yet DBS Bank's consumer banking/wealth management business is enjoying robust growth and has become the crown jewel of South-east Asia's largest bank.

Despite market shocks and slowing economic...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to