Singapore's DBS bank reports lower Q1 profits, partners Indian startups to boost SME banking
May 02, 2022
Singapore, May 2 : Last week, Southeast Asia's largest bank by assets DBS Bank (DBS) reported a fall in first-quarter earnings for 2022 to SGD 1.8 billion (USD1.3 billion), 10 per cent lower than the record profits it reported in the same quarter last year, while revenue was down three per cent.