DBS Bank has gained market share in key areas such as mortgages,
car loans and business loans and intends to continue doing so, its
chief executive Piyush Gupta has said.
And it has done this while halving the margin gap with its key rivals, OCBC Bank and United Overseas Bank (UOB), he noted.
In mortgages, after reversing its market share slide in 2008/2009, when it fell to 24 per cent from 42 per cent 10 years ago, it is now 25 per cent, he said.
Speaking to reporters on Wednesday evening on the transformation of DBS over the three years since he joined DBS, he said it would take the bank a "long, long time" to return to a 42 per cent market share.
And it has done this while halving the margin gap with its key rivals, OCBC Bank and United Overseas Bank (UOB), he noted.
In mortgages, after reversing its market share slide in 2008/2009, when it fell to 24 per cent from 42 per cent 10 years ago, it is now 25 per cent, he said.
Speaking to reporters on Wednesday evening on the transformation of DBS over the three years since he joined DBS, he said it would take the bank a "long, long time" to return to a 42 per cent market share.
DBS at $16!!!
That was many years back!
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