SINGAPORE, Feb 11 (Reuters) - Singapore's DBS , Southeast Asia's biggest lender, posted a 38 percent rise in quarterly profit on falling bad-debt charges and higher trading income, beating expectations.
DBS posted a net profit of S$678 million ($530 million) in October-December against S$493 million a year earlier. That compared with an average forecast of S$660 million, according to six analysts surveyed by Reuters.
Asia's strong economic recovery has boosted lending, reduced bad debts and increased capital-raising activity for lenders.
Medals And Cash: What To Know About Olympian Prize Money For Paris Olympics
-
ToplineWorld Athletics, the international governing body for track and
field sports, announced this month it will be providing a $50,000 reward
for athlete...
3 hours ago
No comments:
Post a Comment