The Singapore bank has trebled its issuance of structured products in Taiwan as it continues to build up its ESG offering in its domestic market.

Net profit at DBS Group has increased by four percent to SG$1.3 billion (US$970m) in the third quarter ended on 30 September quarter-on-quarter (QoQ), which led to SG$3.7 billion in the first nine months – down 24% year-on-year (YoY). Net interest income dropped six percent to SG$2.2 billion QoQ due to a ‘9bp fall in net interest margin, underlying loan growth healthy’. Meanwhile, net fee income was up 17% to SG$913m QoQ led by wealth management and card fees, which contribut

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