Wealth and Asset Management
DBS Group: Third-quarter net profit rises 18% to SGD 2.63 billion as total income increases 16% to record SGD 5.19 billion
DBS Group’s third-quarter 2023 net profit rose 18% from a year ago to SGD 2.63 billion. Total income grew 16% to a record SGD 5.19 billion from higher net interest margin and growth in commercial book non-interest income. Asset quality was healthy. The NPL ratio was little changed from the…
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