DBS Group Holdings

Results

DBS posts 14% rise in 4Q earnings to $1.51 bil; FY19 net profit, total income soar to new highs

The healthy 4Q performance brought DBS’ FY2019 earnings and total income to record highs.
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Disruption and Digitalisation

DBS launches QR code-based B2B payments and collections solution

DBS' QR code-based B2B payments and collections solution is expected to save one F&B operator up to 3,300 manhours a month.

Markets

Indonesia to become Southeast Asia's biggest stock market

“There is a big opportunity in Indonesia,” said Vincent Mortier, deputy chief investment officer at Amundi Asset Management.

Investing ideas

Yoma Strategic poised to soar as Ayala partnership unlocks opportunities for growth, says DBS

SINGAPORE (Nov 15): DBS Group Research is keeping a keen eye on Yoma Strategic Holdings, following news that Philippine conglomerate Ayala Corporation in injecting some US$155 million ($211 million) to acquire a 20% stake in the Myanmar-focused company.

Investing ideas

Analysts divided as DBS beats estimates with 'solid' 3Q

DBS saw its 3Q19 earnings jump 15% y-o-y to $1.63 billion, as total income for the quarter grew 13% to a new high of $3.82 billion on the back of loan growth, record fee income and higher trading gains.  The 3Q19 earnings were some 3.8% higher than th

Hong Kong protests

DBS widens allowances for Hong Kong operations amid political turmoil; earnings hit

SINGAPORE (Nov 11): While DBS Group Holdings CEO Piyush Gupta is confident of the bank’s prospects in Hong Kong, the political turmoil there has prompted the bank to take a prudent approach for its operations in the territory.

Company in the news

Bank Permata draws interest from both DBS and OCBC

SINGAPORE (Oct 14): Bank Permata — 44.6% held by Standard Chartered and 44.6% held by Astra International — has no shortage of suitors. DealStreetAsia reported that DBS Group Holdings is the latest bank to be interested in Bank Permata, following earl
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