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DBS Group Holdings (DBS)
Broker's Calls
Faced with new digital banks, RHB prefers DBS, OCBC for high CASA ratios
According to RHB, attractive savings account offerings may stoke concerns that deposit competition would intensify.
September 22, 2022
Cryptocurrency
Number of trades on DBS Digital Exchange more than doubled in June amid 'unprecedented volatility'
There were also a higher number of Bitcoin and Ethereum purchased on the DDEx in June from April.
August 23, 2022
Broker's Calls
Analysts remain 'overweight' on Singapore banking sector due to NIM improvement
Analysts from UOB Kay Hian and PhillipCapital have kept their "buy" calls for the banks in their respective reports.
August 16, 2022
Sustainability
Creating green buildings with smart cooling, efficient grids
“The green agenda puts pressure on organisations to invest in sustainable solutions that could cost more than initial rewards.”
August 11, 2022
Broker's Calls
With $2.4 bil in excess capital, could DBS be a 'payout superstar'?
“We do not believe the group would have the appetite for sizable M&A in the medium term.”
August 08, 2022
Zest
DBS denies interest in IDBI Bank while staying bullish on India
Among Singapore banks, DBS has been the most aggressive in expanding in India.
August 05, 2022
Results
DBS reports net profit of $1.82 bil for 2QFY2022, up 7% y-o-y
For the 2QFY2022, DBS has declared an interim dividend of 36 cents, bringing the 1HFY2022 dividend to 72 cents per share.
August 04, 2022
New appointments
DBS appoints Lim Chu Chong as the new head of its Indonesia franchise
Lim replaces outgoing president director Paulus Sutisna, who was in the role since 2015.
August 01, 2022
Broker's Calls
UOB Kay Hian maintains 'overweight' on Singapore banks; sector to benefit from NIM expansion
On the overall banking sector, Koh notes that the three banks do not have exposure to residential mortgages in mainland China.
July 21, 2022
Broker's Calls
CGS-CIMB remains 'overweight' on banking sector on anticipated margin expansion
The recommendation comes after deposits in April rose by 2.9% m-o-m, the highest since August 2021.
June 01, 2022