Chart of the Day: DBS, OCBC, and UOB Q1 loan growth up 5%-10%

14 May 2018 - Singapore Business Review
Domestic loan growth was higher across all three banks compared to the last quarter. This chart from Moody's Investors Services shows that loan growth over the 12 months was robust across Singapore's top banks DBS, UOB, and OCBC at 5%-10%. For the first quarter of 2018, the domestic loan growth of DBS ...
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KOP buys Villa D'Este for $93m | Property Market - PropertyGuru Singapore

11 May 2018 - PropertyGuru Singapore

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DBS non-performing loan formation in Q1 hits 4-year low

8 May 2018 - Singapore Business Review
New NPLs declined 63% to $195m. DBS’ non-performing loan (NPL) formation hit a four-year low in the first quarter of 2018, indicating that the pressure from the oil & gas sector is already behind it, UOB Kay Hian analyst Jonathan Koh noted. According to a report, its new NPLs declined by 46% QoQ and ...
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Daily Briefing: Changi Airport eyes use of facial recognition system; DBS' pay per head dipped 4% in Q1

2 May 2018 - Singapore Business Review
And here's what could happen when the 99-year lease of HDB units expire. From eFinancialCareers: Everyone already knows that DBS' profits jumped up in Q1 by a whopping 26%, helping the firm’s shares to continue their rally. However, eFinancialCareers pointed out that increased staff costs have caused ...
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DBS profits up 26% to $1.52b in Q1

30 Apr 2018 - Singapore Business Review
Net interest margin rose 9 bps due to a strong Singapore dollar. DBS Bank’s profits jumped 26% YoY from $1.21b to $1.52b in the first quarter of 2018. According to its financial statement, net interest income rose 16% YoY and 4% on a day-adjusted basis from the previous quarter to $2.13b. Net interest ...
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DBS launches cross-border payment tracker in Singapore and Hong Kong

20 Apr 2018 - Singapore Business Review
Over 200,000 corporate and SME clients will be able to use the service. DBS launched its real-time digital cross-border payment tracking for over 200,000 of its corporate and small to medium enterprises (SME) clients in Singapore and Hong Kong. According to an announcement, the service is powered by ...
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Can DBS Group Holdings Ltd’s (SGX:D05) ROE Continue To Surpass The Industry Average? - Simply Wall St

13 Apr 2018 - Simply Wall St

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DBS launches online remittance service for non-customers

13 Apr 2018 - Singapore Business Review
Users can send money to Australia, Hong Kong, India, Indonesia, Malaysia, Philippines, the UK, and the US. DBS launched SmartSend, its online remittance service that allows non-DBS customers to make secure, same-day money transfers to eight markets around the world. "SmartSend mirrors the ease of use ...
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Future ready: local banks lead digital charge

5 Apr 2018 - Singapore Business Review
DBS stays ahead of the pack as it has grown and nurtured its digital team since 2009. Local banks are leading the digital transformation of the banking sector with DBS outperforming the pack through a steady stream of IT investments and strategic hires, according to a report from DTS. DBS ranks strongly ...
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Tiong Seng-led joint venture acquires Cairnhill Heights for $72.6m - PropertyGuru Singapore

2 Apr 2018 - PropertyGuru Singapore

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