DBS to bring credit cost estimates closer to past crisis levels; Q1 earnings down 29% to S$1.1b

DBS has guided for credit costs over the next two years to be "comparable" to past crises levels, and disclosed that its oil-and-gas portfolio makes up the largest chunk of its lending to industries made vulnerable by the Covid-19

pandemic.DBS has guided for credit costs over the next two years to be"comparable" to past crises levels, and disclosed that its oil-and-gas portfolio makes up the largest chunk of its lending to industries made vulnerable by the Covid-19 pandemic.

dbsbank Piyush knows that as long as those dividends get maintained the share price gets sustained. But even Piyush has his limits.

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