DBS Sees 2024 Profit to Match This Year’s Record Level

The bank’s shares rose slightly. Higher global interest rates have boosted revenue at banks including DBS, though they may now face a cloudier economic outlook. In Singapore, the central bank kept monetary policy settings unchanged for a second straight ...

DBS 3Q Net S$2.63B Vs. Net S$2.24B >D05.SG

DBS Group's third-quarter net profit rose 18% on year, supported mainly by higher net interest income and fees. Net profit for the quarter was 2.63 billion Singapore dollars (US$1.94 billion), the bank said Monday. Total income rose 16% on the year to S$5. ...

Singapore: Asian Banking Magnet

Singapore has cemented its position as Asia’s top financial center, according to the Global Financial Centers Index produced by Z/Yen Partners. In September, the GFCI placed Singapore first in Asia, ...