Wealth and Asset Management
DBS second-quarter net profit up 48% to record SGD 2.69 billion as total income crosses SGD 5 billion
DBS Group has achieved a record performance in second-quarter 2023. Net profit rose 48% from a year ago to SGD 2.69 billion, with return on equity reaching 19.2%, both at new highs. Total income increased 35% to exceed SGD 5 billion for the first time. Commercial book net interest margin…
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