DBS Group Holdings Ltd (DBSM.SI)
23 May 2019
Mon, Apr 29 2019
SINGAPORE Southeast Asia's biggest lender DBS Group Holdings Ltd beat market estimates to post a record quarterly profit, as strong lending income offset weakness in wealth management, brokerage and investment banking fees.
* Singapore mortgage market is weak spot - DBS CEO (Recasts with new comments from CEO, details of results)
* DBS Group earnings propel Singapore shares * Energy stocks lead losses in Thailand * Investors cautious ahead of China factory data and Fed meet By Aditya Soni April 29 Singapore shares touched a near 11-month peak on Monday, boosted by DBS Group Holdings after the lender posted a record quarterly profit, while most other Southeast Asian markets slipped as soft U.S. inflation data eclipsed upbeat GDP numbers. DBS Group, Southeast Asia's biggest lender, be
SINGAPORE, April 29 DBS Group Holdings Ltd , Southeast Asia's biggest lender, reported an 8.5 percent rise in quarterly profit on Monday to beat market estimates, powered by a rise in net interest income.
SINGAPORE DBS Group Holdings Ltd, Southeast Asia's biggest lender, forecast stable loans growth for 2019 after a robust increase in net interest margin drove an 8 percent rise in quarterly profit and a record annual profit.
* DBS forecasts mid-single-digit loan growth for 2019 (Adds details of results)
SINGAPORE, Feb 18 DBS Group Holdings Ltd , Singapore's biggest lender, reported an eight percent rise in quarterly profit that came in line with market expectations, powered by a robust increase in its net interest margin.