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SINGAPORE – A group of indigenous Australians filed human rights complaints against Singapore’s DBS Bank and 11 other international banks on Tuesday over a US$1 billion (S$1.3 billion) loan to ...
SINGAPORE, Nov 6 (Reuters) - Singapore's DBS Group Holdings booked an unexpected slide in quarterly profit on Monday, with income falling 23 percent to a five-year low as it nearly doubled ...
It will survive even if oil falls to US$20 per barrel. Singapore’s largest lender reiterated that its asset quality will remain sound even if the number of non-performing oil and gas loans tick up. In ...
Excluding exposure on Swiber, DBS has a S$7 billion exposure to the oil and gas support services. Of this, S$1.6 billion are to state-owned and government-linked shipyards, while the remaining S$5.4 ...
SINGAPORE, Feb 16 (Reuters) - Singapore bank DBS Group Holdings posted its lowest quarterly profit in two years as provisions for soured loans to the city-state's oil services industry surged, and ...
DBS says likely all oil-and-gas provisions taken as Q3 profit falls 25%, allowances for bad debts almost double DBS's total income in the quarter rose to S$3.06 billion, up 4 per cent from a year ago.
With the risk of carbon dioxide and other greenhouse gas emissions pushing past dangerous warming thresholds, DBS (SGX:D05) together with seven partners and supporters, have “committed to ...
SINGAPORE DBS Group Holdings has "cleaned" its oil and gas loan book and expects no more provisions, Chief Executive Piyush Gupta said on Nov. 6, noting that the bank reported a 25% decline in ...
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