Singapore leading banks top estimates in quarterly profit but flag caution in weak markets - The Star Online


4/30/2022 12:00:00 AM3 yearsago
by The Star Online

Singapore lenders DBS Group and OCBC gave cautious outlooks this week after reporting 10% declines in quarterly profits amid weaker economic growth, though their performances still beat analysts' estimates.

SINGAPORE, April 29 (Reuters): Singapore lenders DBS Group and OCBC gave cautious outlooks this week after reporting 10% declines in quarterly profits amid weaker economic growth, though their perfor… [+2739 chars]

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