$DBS Group Holdings(D05.SI)$ i

$DBS Group Holdings(D05.SI)$ is growing. In fact the rest of the big 3 are too. Interest rates are not negating their growth simply because rate cuts is an eventual occurrence and the banks are prepared for it by diversifying their revenue sources. $40 is not longer a distant dream. Sit tight for the upward ride

DBS up 35%! Will It Reach 40 SGD This Week?

DBS has increased 35% this year and continued to rise after beating expectations in its recent financial report. On Monday, DBS hit a new high of 39.7. Will DBS reach 40 Singapore dollars this week? Has your account followed DBS to new heights?

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Comments

Tigerwong
09-25
Tigerwong
Wealth management is the key growth area and will offset the impact of declining interest rate. DBS has the biggest deposit base in Singapore and will definitely be impacted by the lower interest rate environment as interest margin compression set in.

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