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Local banks' Q3 earnings boosted by loans growth

Year on year, DBS' total loans grow 19%, OCBC's 16% and UOB's 15.8%

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The three local banks posted a strong set of third-quarter earnings from robust core lending business, despite a volatile September which elicited a no beating-around-the-bush admission of getting wrong the call on tapering from DBS' chief executive Piyush Gupta - PHOTO: ST

[SINGAPORE] The three local banks posted a strong set of third-quarter earnings from robust core lending business, despite a volatile September which elicited a no beating-around-the-bush admission of getting wrong the call on tapering from DBS' chief executive Piyush Gupta.

Core banking

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