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DBS Group Holdings Ltd (DBSM.SI)

DBSM.SI on Stock Exchange of Singapore

24.13SGD
17 Nov 2017
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Tue, Nov 14 2017

Aberdeen Standard upbeat on Singapore banks, warns on DBS provisions

SINGAPORE Aberdeen Standard Investments said it likes Singapore banks due to their strong balance sheets and quest for new growth drivers but warned that the management of top lender DBS risks losing credibility if it takes any more big provisions for oil and gas loans.

Aberdeen Standard upbeat on Singapore banks, warns on DBS provisions

SINGAPORE Aberdeen Standard Investments said it likes Singapore banks due to their strong balance sheets and quest for new growth drivers but warned that the management of top lender DBS risks losing credibility if it takes any more big provisions for oil and gas loans.

REUTERS SUMMIT-Aberdeen Standard upbeat on Singapore banks, warns on DBS provisions

SINGAPORE, Nov 14 Aberdeen Standard Investments said it likes Singapore banks due to their strong balance sheets and quest for new growth drivers but warned that the management of top lender DBS risks losing credibility if it takes any more big provisions for oil and gas loans.

BRIEF-Dbs Group Holdings appoints Lim Tse Ghow Olivier​ as non-executive and independent director

* Appoints Lim Tse Ghow Olivier​ as non-executive and independent director Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

DBS in surprise third-quarter profit slide to five-year low as oil and gas provisions soar

SINGAPORE Singapore's DBS Group Holdings booked an unexpected slide in quarterly profit, which fell 23 percent to hit a five-year low as the bank nearly doubled provisions for loans to the troubled oil and gas industry.

DBS in surprise third-quarter profit slide to five-year low as oil and gas provisions soar

SINGAPORE Singapore's DBS Group Holdings booked an unexpected slide in quarterly profit, which fell 23 percent to hit a five-year low as the bank nearly doubled provisions for loans to the troubled oil and gas industry.

UPDATE 4-DBS in surprise Q3 profit slide to 5-year low as oil and gas provisions soar

* Flags underlying loan growth of 7-8 pct for this yr and next

UPDATE 2-DBS Q3 profit in surprise slide to 5-year low on oil and gas provisions

* Flags underlying loan growth of 7-8 pct for this yr and next (Adds milestone for results, quotes from CEO)

DBS Q3 net profit falls unexpectedly, hit by oil and gas loans

SINGAPORE, Nov 6 DBS Group Holdings, Singapore's biggest lender, unexpectedly reported a 23 percent fall in quarterly profit, partly due to its exposure to the oil and gas sector.

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