DBS Achieves Record Profits as CEO Prepares to Step Down
DBS saw a 5% rise in net interest income from its commercial banking operations, reaching S$15 billion, supported by an expanded balance sheet and improved net interest margins. Loan and deposit growth stood at 3% and 4%, respectively, while commercial banking fees climbed 23% to S$4.2 billion.
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Gupta's comments come as Southeast Asia's largest bank by assets posted a solid showing in its full year results, with net ...
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Bank reported Q4 profit rose 10 per cent to $2.62 billion, with full-year earnings up 11 per cent to record $11.4 billion.
DBS’s 4QFY2024 results briefing marked outgoing CEO Piyush Gupta’s 61st and final session before his retirement in March.
DBS posted net profit for the fourth quarter that was 11 per cent higher compared to the year-ago period, but fell slightly ...
On the STI, Venture Corporation was the top gainer, rising 1.9 per cent, or 24 cents, to $12.80. It was followed by DBS, ...
DBS shares were the most-traded counter by value on Feb 10, with some 8.5 million shares worth $390.4 million changing hands.
DBS has set aside S$32 million to be issued as special one-time bonus of S$1,000 to all staff except senior managers, it said ...
DBS Group's fourth-quarter net profit rose mainly due to higher net interest income and fees from its wealth management business. Net profit during the quarter rose 10% to 2.62 billion Singapore ...
SINGAPORE: Singapore's biggest bank DBS Group said it expects group net interest income to improve this year and announced a ...
DBS Group said on Monday (Feb 10) that it will reward staff a special one-time bonus of $1,000, following the bank's record ...
The bank, driven by its wealth management business and an increase in loans, reported a net profit of $8.4 billion for 2024, ...
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