Bloomberg Television
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DBS Profit Beats Estimates as Margins Grow on Rate Increases
Posted
November 6, 2023
Views
3,043
Likes
19
Engagement
0.62%
November 6, 2023
3,043
19
0.62%
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1:55Now PlayingSingapore’s biggest lender DBS Group Holdings Ltd. has reported third-quarter profit that beat analysts' estimates, propelled by strong margin growth in commercial lending. Last week the Monetary Authority of Singapore banned DBS from acquiring new business ventures and reducing local branch and ATM networks for six months after a spate of digital banking service outages. Chanyaporn Chanjaroen reports on Bloomberg Television.
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