by Amruth Sundarkumar | Apr 29, 2022 | Banks, Singapore Dollar Bonds
DBS reported a 10% YoY fall in Q1 2022 net profits to S$1.8bn. DBS said that higher base effects for wealth management and treasury markets activities last year was one of the reasons for the dip in profits. Total income fell 3% YoY to S$3.75bn, of which, net interest...
by Amruth Sundarkumar | Aug 4, 2021 | Banks, Singapore Dollar Bonds
OCBC and UOB reported a jump in profits, restoring their dividend payout to pre-pandemic levels with the increased payout by both banks coming after the MAS lifted dividend caps for Singapore based banks last month. OCBC reported a solid jump in Q2 net profits by 59%...
