DBS sustained its business momentum into 2Q21, posting a record profit of S$3.71 billion in 1H21, up 54% YoY, a day after its smaller Singapore peers OCBC and UOB equally reported estimates-beating financial results. “The business momentum for 1H21 has been extraordinarily strong,” said Piyush Gupta, DBS Group CEO, “and we expect business momentum to be sustained in the coming…
Strong momentum pushes DBS 1H21 net profit to S$3.71B, bolsters WM business
