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DBS profits may grow by up to 7%

byCT Report
06/12/2016
in Uncategorized
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SINGAPORE: In the face of worsening asset quality amid the turning credit cycle, Maybank KimEng thinks DBS can retain or even grow profitability from better cost containment.

According to the research house, Singapore banks are struggling with sluggish loan demand and likely to face pricing pressures to grow market share for loans in Singapore but DBS’ cost containment could be better than expected.

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