DBS Reports H1 Net Income of SGD 6.01 Billion, NIM at 1.88%
DBS Group Holdings posted first-half net income of SGD 6,009 million, with net interest income of SGD 6,958 million and a net interest margin of 1.88%.
DBS
DBS Group Holdings announced its half-year results, with net income reaching SGD 6,009 million. Net interest income stood at SGD 6,958 million, supported by a net interest margin of 1.88%.
Asset quality remained robust, with a non-performing loan ratio of 1.0%. The bank’s Common Equity Tier 1 ratio was 16.6% at the end of the period.
Source: First Squawk