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

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Malaysia News News

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

.dbsbank 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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessTimes /  🏆 15. in MY
 

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

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines