• Fri
  • Dec 26, 2014
  • Updated: 11:10am

Dbs Group Holdings

Singapore’s DBS has one more shot at Danamon

DBS Group is Southeast Asia’s biggest bank. Photo: Reuters

DBS Group, Southeast Asia’s biggest bank, on Monday gave itself one more chance to buy a controlling stake in Indonesia’s PT Bank Danamon after Jakarta threw a spanner in the works of the proposed US$7.2 billion takeover.

Thursday, 29 August, 2013, 4:13am

DBS to add bankers for Hong Kong, China corporate business

DBS Group Holdings is hiring as it moves to diversify its revenue base to lessen its dependence on its home market of Singapore. Photo: Reuters

DBS Group Holdings, Southeast Asia’s biggest lender, will increase the number of bankers serving large companies in Hong Kong and China by 20 percent next year as it seeks more revenue from outside of Singapore.

The bank plans to add 10 to the 50-person team, Ginger Cheng, who heads DBS’s institutional banking for large companies in Hong Kong and China, told a briefing.

10 Dec 2012 - 1:25pm

DBS posts S$807m in profit on increased fees and loan growth

Southeast Asia's biggest lender, DBS Group Holdings, yesterday posted record quarterly net profits of S$807 million (HK$5.1 billion), up 19 per cent from the previous quarter and beating market expectations.

30 Apr 2011 - 12:00am

DBS profits increase 22pc in HK

The Hong Kong operations of DBS Group Holdings, the largest lender in Singapore, said first-quarter profit rose 22 per cent from a year earlier on higher loan growth even as net interest margin fell. Net profit rose to HK$907 million, a gain of 11 per cent from the previous quarter.

5 May 2007 - 12:00am

DBS profit rises 32.8pc before one-off gains

DBS Bank (Hong Kong), a unit of Singapore-based DBS Group Holdings, posted a 32.8 per cent growth in earnings before one-off gains and provisions last year, fuelled by the widening of net interest margins.

For the year to December, the bank made a profit of HK$3.8 billion, HK$946 million more than in 2005.

16 Feb 2007 - 12:00am

DBS Bank income up 54.5pc

DBS Bank (Hong Kong), a unit of Singapore-based DBS Group Holdings, said first-half profit jumped 54.5 per cent, fuelled by higher net interest income and a one-off gain from the sale of its Central offices.

29 Jul 2006 - 12:00am

Mortgage wars hit DBS loan volume

Singapore's DBS Group Holdings blames the decline in its loan volume in the past three months, the first in three years, on the mortgage wars in Hong Kong and Singapore.

The group posted a net profit of S$518 million ($2.53 billion) for the first quarter, up 39 per cent from a year ago, while DBS Bank (Hong Kong) recorded a 29 per cent increase in net profit to S$156 million.

29 Apr 2006 - 12:00am

DBS suffers $5.3b goodwill charge on HK operation

Singapore's DBS Group Holdings has suffered a sharp decline in net profit because of a substantial goodwill charge on its Hong Kong operation required under new Singapore financial reporting standards.

18 Feb 2006 - 12:00am