5,021 Followers SGX:D05 - DBS Group Holdings Ltd DBS
Sector: Financials, Industry: Regional Banks
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Sluggish loan growth, HK slowdown threatens DBS, OCBC

24 Oct 2019 - Singapore Business Review
Loan exposure to China could also widen. DBS and OCBC’s asset qualities are under the threat of slow loan growth for 3Q 2019, Hong Kong’s economic slowdown, and the risk of having a larger percentage loan exposure to China, according to RHB Research. The report also expects 3Q net interest margins (NIMs) ...
sgx:o39 sgx:d05

Is DBS Group, United Overseas Bank, or Oversea-Chinese Banking Corp the Cheapest Singapore Bank Now?

23 Oct 2019 - The Motley Fool Singapore
One of the most popular industries among local investors is the banking industry. There are many good reasons to like our local banks: their stable business performances, solid dividend track records, and more. Another good reason to like these banks is their undemanding valuations compared to the Straits ...
sgx:o39 sgx:s68 sgx:u11 sgx:d05 klse:0080

SGD could weaken to 1.4 per USD by end-year: DBS

9 Oct 2019 - Singapore Business Review
The currency is affected by heightening macroeconomic uncertainties. The Singapore dollar is projected weaken further to drop to 1.41-1.44 range per US dollar by the end of 2019, in line with the weakening Chinese yuan and Euro, according to an analyst report by DBS. CNY and Euro is expected to weaken ...
sgx:d05

UOB poaches top banking technologist from DBS in heating digital race

7 Oct 2019 - Singapore Business Review
Albert Kho will serve as MD for group retail and channels, technology and operations. Veteran banking technologist Albert Kho has left DBS to become a managing director in UOB’s technology unit. The move comes as the two rival Singaporean banks increase their technology headcounts and compete to launch ...
sgx:u11 sgx:d05

DBS ties up with IRAS in cheque-free push

1 Oct 2019 - Singapore Business Review
Tax payouts will soon be digitised. DBS Bank has forged a partnership with Inland Revenue Authority of Singapore (IRAS) to digitise tax payments and collections via the funds transfer service, PayNow, in a bid to help the country meet its cheque-free target by 2025, according to a press release. IRAS ...
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