Wealth and Asset Management
DBS full-year net profit rises 20% to record SGD 8.19 billion
DBS Group has achieved a record performance in 2022 as net profit grew 20% to SGD 8.19 billion. Total income rose 16% to SGD 16.5 billion, crossing SGD 16 billion for the first time. Higher interest rates boosted net interest income, more than offsetting a decline in non-interest income due…
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