Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates

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Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates

Reuters2022-02-14

DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce ...

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koolgal
·2022-02-15
Hurray! DBS posted excellent earnings result yesterday with 4th quarter profit up 37%! It also announced that dividends will be increased to 36 cents this quarter, up from 33 cents. Go DBS! 🚀🚀🚀🌙🌙🌙💰💰💰
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15
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GggSlimeR
·2022-02-14
Wow Do not like my comment
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1
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MayTan
·2022-02-14
Noted
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4
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123321Alex
·2022-02-14
Good
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1
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PearlynCSY
·2022-02-14
Very solid results. Can expect OCBC and UOB to do well too. Unfortunately, now too late to enter unless there's a crisis
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2
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DavidSG
·2022-02-14
Great
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2
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robot1234
·2022-02-14
Banks can be expected to do well in a rising interest rate environment
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4
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Sfun
·2022-02-14
haha
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4
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ARIESan
·2022-02-14
Nice 👍
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3
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mel18
·2022-02-14
Yeahhh
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2
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Mich77
·2022-02-14
liked
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2
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Tonica
·2022-02-14
Interest hike. Better grow for 2022.
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1
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Barbarazhao
·2022-02-14
Great news indeed
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2
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TK360
·2022-02-14
Nice, Singapore Bank stocks are growing
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2
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Awesomelee
·2022-02-14
Missed the boat
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1
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Oldie
·2022-02-14
Like
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2
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WillsonToh
·2022-02-14
[Miser]
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5
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IN76
·2022-02-14
Congrats to DBS investors! But expect the price to drop today due to the uncertainties in 🇺🇦 & 🇷🇺
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4
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TTM Investor
·2022-02-14
Ok
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1
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TSY123
·2022-02-14
Excellent
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3
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DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.</p><p>DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.</p><p>The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.</p><p>DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.</p><p>($1 = 1.3464 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.</p><p>DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.</p><p>The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.</p><p>DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.</p><p>($1 = 1.3464 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-14 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce ...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股"},"source_url":"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180615398","content_text":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce back.Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.\"We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,\" DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.($1 = 1.3464 Singapore dollars)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095926679,"gmtCreate":1644804620370,"gmtModify":1676533963409,"author":{"id":"3573019619191060","authorId":"3573019619191060","name":"MayTan","avatar":"https://static.tigerbbs.com/808e2dbe5d70103ebf181c1496a31644","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":1,"idStr":"3573019619191060","authorIdStr":"3573019619191060"},"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095926679","repostId":1180615398,"repostType":4,"repost":{"id":"1180615398","kind":"news","pubTimestamp":1644795259,"share":"https://ttm.financial/m/news/1180615398?lang=&edition=fundamental","pubTime":"2022-02-14 07:34","market":"sg","language":"en","title":"Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=1180615398","media":"Reuters","summary":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at S","content":"<html><head></head><body><p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia&#39;s largest bank and flagged strong business momentum as pandemic-hit economies bounce back.</p><p>Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.</p><p>&#34;We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,&#34; DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.</p><p>DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.</p><p>The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.</p><p>DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.</p><p>($1 = 1.3464 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-14 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce ...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股"},"source_url":"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180615398","content_text":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce back.Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.\"We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,\" DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.($1 = 1.3464 Singapore dollars)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095967508,"gmtCreate":1644803538760,"gmtModify":1676533963247,"author":{"id":"3571791273839540","authorId":"3571791273839540","name":"123321Alex","avatar":"https://static.tigerbbs.com/807b76e84e44c6640b1aaa50fcb19a44","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":8,"crmLevelSwitch":0,"idStr":"3571791273839540","authorIdStr":"3571791273839540"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095967508","repostId":1180615398,"repostType":2,"repost":{"id":"1180615398","kind":"news","pubTimestamp":1644795259,"share":"https://ttm.financial/m/news/1180615398?lang=&edition=fundamental","pubTime":"2022-02-14 07:34","market":"sg","language":"en","title":"Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=1180615398","media":"Reuters","summary":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at S","content":"<html><head></head><body><p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia&#39;s largest bank and flagged strong business momentum as pandemic-hit economies bounce back.</p><p>Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.</p><p>&#34;We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,&#34; DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.</p><p>DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.</p><p>The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.</p><p>DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.</p><p>($1 = 1.3464 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-14 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce ...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股"},"source_url":"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180615398","content_text":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce back.Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.\"We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,\" DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.($1 = 1.3464 Singapore dollars)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095982124,"gmtCreate":1644801454321,"gmtModify":1676533962888,"author":{"id":"4092458811577680","authorId":"4092458811577680","name":"PearlynCSY","avatar":"https://static.tigerbbs.com/b3e9fe7af061efe80a756d23de62e7b3","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"4092458811577680","authorIdStr":"4092458811577680"},"htmlText":"Very solid results. Can expect OCBC and UOB to do well too. Unfortunately, now too late to enter unless there's a crisis","listText":"Very solid results. Can expect OCBC and UOB to do well too. Unfortunately, now too late to enter unless there's a crisis","text":"Very solid results. Can expect OCBC and UOB to do well too. Unfortunately, now too late to enter unless there's a crisis","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095982124","repostId":1180615398,"repostType":4,"repost":{"id":"1180615398","kind":"news","pubTimestamp":1644795259,"share":"https://ttm.financial/m/news/1180615398?lang=&edition=fundamental","pubTime":"2022-02-14 07:34","market":"sg","language":"en","title":"Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=1180615398","media":"Reuters","summary":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at S","content":"<html><head></head><body><p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia&#39;s largest bank and flagged strong business momentum as pandemic-hit economies bounce back.</p><p>Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.</p><p>&#34;We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,&#34; DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.</p><p>DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.</p><p>The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.</p><p>DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.</p><p>($1 = 1.3464 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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class=\"title\">\nSingapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-14 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce ...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股"},"source_url":"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180615398","content_text":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce back.Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.\"We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,\" DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.($1 = 1.3464 Singapore dollars)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095980688,"gmtCreate":1644800750739,"gmtModify":1676533962735,"author":{"id":"3584918958368537","authorId":"3584918958368537","name":"DavidSG","avatar":"https://community-static.tradeup.com/news/b62f8a2fbea5d1aa170a8eb61a14c78d","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":1,"idStr":"3584918958368537","authorIdStr":"3584918958368537"},"htmlText":"Great&nbsp;","listText":"Great&nbsp;","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095980688","repostId":1180615398,"repostType":2,"repost":{"id":"1180615398","kind":"news","pubTimestamp":1644795259,"share":"https://ttm.financial/m/news/1180615398?lang=&edition=fundamental","pubTime":"2022-02-14 07:34","market":"sg","language":"en","title":"Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=1180615398","media":"Reuters","summary":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at S","content":"<html><head></head><body><p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia&#39;s largest bank and flagged strong business momentum as pandemic-hit economies bounce back.</p><p>Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.</p><p>&#34;We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,&#34; DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.</p><p>DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.</p><p>The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.</p><p>DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.</p><p>($1 = 1.3464 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest 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strong business momentum as pandemic-hit economies bounce ...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股"},"source_url":"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180615398","content_text":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce back.Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.\"We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,\" DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.($1 = 1.3464 Singapore dollars)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095914298,"gmtCreate":1644800591285,"gmtModify":1676533962687,"author":{"id":"3561596430587504","authorId":"3561596430587504","name":"robot1234","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":6,"crmLevelSwitch":1,"idStr":"3561596430587504","authorIdStr":"3561596430587504"},"htmlText":"Banks can be expected to do well in a rising interest rate environment","listText":"Banks can be expected to do well in a rising interest rate environment","text":"Banks can be expected to do well in a rising interest rate 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of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.</p><p>&#34;We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,&#34; DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.</p><p>DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.</p><p>The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.</p><p>DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.</p><p>($1 = 1.3464 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE 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Interest Rates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-14 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce ...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股"},"source_url":"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180615398","content_text":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce back.Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.\"We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,\" DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.($1 = 1.3464 Singapore dollars)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095913070,"gmtCreate":1644799886325,"gmtModify":1676533962553,"author":{"id":"3579425512905776","authorId":"3579425512905776","name":"Sfun","avatar":"https://static.tigerbbs.com/677878018d08b9f3288b2153431bff4a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3579425512905776","authorIdStr":"3579425512905776"},"htmlText":"haha","listText":"haha","text":"haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095913070","repostId":1180615398,"repostType":4,"repost":{"id":"1180615398","kind":"news","pubTimestamp":1644795259,"share":"https://ttm.financial/m/news/1180615398?lang=&edition=fundamental","pubTime":"2022-02-14 07:34","market":"sg","language":"en","title":"Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=1180615398","media":"Reuters","summary":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at S","content":"<html><head></head><body><p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia&#39;s largest bank and flagged strong business momentum as pandemic-hit economies bounce back.</p><p>Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.</p><p>&#34;We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,&#34; DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.</p><p>DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.</p><p>The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.</p><p>DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.</p><p>($1 = 1.3464 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates</title>\n<style 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pandemic-hit economies bounce ...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股"},"source_url":"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180615398","content_text":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce back.Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.\"We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,\" DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.($1 = 1.3464 Singapore dollars)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095994407,"gmtCreate":1644798504025,"gmtModify":1676533962166,"author":{"id":"4087545408973980","authorId":"4087545408973980","name":"ARIESan","avatar":"https://static.tigerbbs.com/ab7b9364a4791173d66fbb5fda8ef925","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087545408973980","authorIdStr":"4087545408973980"},"htmlText":"Nice 👍&nbsp;","listText":"Nice 👍&nbsp;","text":"Nice 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095994407","repostId":1180615398,"repostType":4,"repost":{"id":"1180615398","kind":"news","pubTimestamp":1644795259,"share":"https://ttm.financial/m/news/1180615398?lang=&edition=fundamental","pubTime":"2022-02-14 07:34","market":"sg","language":"en","title":"Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=1180615398","media":"Reuters","summary":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at S","content":"<html><head></head><body><p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia&#39;s largest bank and flagged strong business momentum as pandemic-hit economies bounce back.</p><p>Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.</p><p>&#34;We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,&#34; DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.</p><p>DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.</p><p>The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.</p><p>DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.</p><p>($1 = 1.3464 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates</title>\n<style 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pandemic-hit economies bounce ...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股"},"source_url":"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180615398","content_text":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce back.Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.\"We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,\" DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.($1 = 1.3464 Singapore 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Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=1180615398","media":"Reuters","summary":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at S","content":"<html><head></head><body><p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia&#39;s largest bank and flagged strong business momentum as pandemic-hit economies bounce back.</p><p>Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.</p><p>&#34;We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,&#34; DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.</p><p>DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.</p><p>The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.</p><p>DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.</p><p>($1 = 1.3464 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates</title>\n<style 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pandemic-hit economies bounce ...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股"},"source_url":"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180615398","content_text":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce back.Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.\"We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,\" DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.($1 = 1.3464 Singapore dollars)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095998528,"gmtCreate":1644798183537,"gmtModify":1676533962073,"author":{"id":"3581849551321020","authorId":"3581849551321020","name":"Mich77","avatar":"https://static.tigerbbs.com/e68e0beedd6e067e59c605653c639699","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581849551321020","authorIdStr":"3581849551321020"},"htmlText":"liked","listText":"liked","text":"liked","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095998528","repostId":1180615398,"repostType":4,"repost":{"id":"1180615398","kind":"news","pubTimestamp":1644795259,"share":"https://ttm.financial/m/news/1180615398?lang=&edition=fundamental","pubTime":"2022-02-14 07:34","market":"sg","language":"en","title":"Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=1180615398","media":"Reuters","summary":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at S","content":"<html><head></head><body><p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia&#39;s largest bank and flagged strong business momentum as pandemic-hit economies bounce back.</p><p>Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.</p><p>&#34;We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,&#34; DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.</p><p>DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.</p><p>The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.</p><p>DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.</p><p>($1 = 1.3464 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-14 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce ...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股"},"source_url":"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180615398","content_text":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce back.Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.\"We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,\" DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.($1 = 1.3464 Singapore dollars)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095998983,"gmtCreate":1644798076835,"gmtModify":1676533962066,"author":{"id":"4093583449913140","authorId":"4093583449913140","name":"Tonica","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4093583449913140","authorIdStr":"4093583449913140"},"htmlText":"Interest hike.&nbsp; &nbsp;Better&nbsp;grow for 2022.","listText":"Interest hike.&nbsp; &nbsp;Better&nbsp;grow for 2022.","text":"Interest hike. Better grow for 2022.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095998983","repostId":1180615398,"repostType":4,"repost":{"id":"1180615398","kind":"news","pubTimestamp":1644795259,"share":"https://ttm.financial/m/news/1180615398?lang=&edition=fundamental","pubTime":"2022-02-14 07:34","market":"sg","language":"en","title":"Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=1180615398","media":"Reuters","summary":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at S","content":"<html><head></head><body><p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia&#39;s largest bank and flagged strong business momentum as pandemic-hit economies bounce back.</p><p>Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.</p><p>&#34;We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,&#34; DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.</p><p>DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.</p><p>The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.</p><p>DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.</p><p>($1 = 1.3464 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.</p><p>DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.</p><p>The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.</p><p>DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.</p><p>($1 = 1.3464 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-14 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce ...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股"},"source_url":"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180615398","content_text":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce back.Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.\"We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,\" DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.($1 = 1.3464 Singapore dollars)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095904945,"gmtCreate":1644797365038,"gmtModify":1676533961910,"author":{"id":"3574766349354741","authorId":"3574766349354741","name":"TK360","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574766349354741","authorIdStr":"3574766349354741"},"htmlText":"Nice, Singapore Bank stocks are growing&nbsp;","listText":"Nice, Singapore Bank stocks are growing&nbsp;","text":"Nice, Singapore Bank stocks are growing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095904945","repostId":1180615398,"repostType":4,"repost":{"id":"1180615398","kind":"news","pubTimestamp":1644795259,"share":"https://ttm.financial/m/news/1180615398?lang=&edition=fundamental","pubTime":"2022-02-14 07:34","market":"sg","language":"en","title":"Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=1180615398","media":"Reuters","summary":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at S","content":"<html><head></head><body><p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia&#39;s largest bank and flagged strong business momentum as pandemic-hit economies bounce back.</p><p>Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.</p><p>&#34;We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,&#34; DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.</p><p>DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.</p><p>The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.</p><p>DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.</p><p>($1 = 1.3464 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.</p><p>DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.</p><p>The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.</p><p>DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.</p><p>($1 = 1.3464 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.</p><p>DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.</p><p>The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.</p><p>DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.</p><p>($1 = 1.3464 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-14 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce ...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股"},"source_url":"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180615398","content_text":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce back.Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.\"We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,\" DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.($1 = 1.3464 Singapore dollars)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095900833,"gmtCreate":1644796406033,"gmtModify":1676533961737,"author":{"id":"4105235879329900","authorId":"4105235879329900","name":"WillsonToh","avatar":"https://community-static.tradeup.com/news/bfa698a409feaf8767914264abdbae58","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":4,"crmLevelSwitch":0,"idStr":"4105235879329900","authorIdStr":"4105235879329900"},"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095900833","repostId":1180615398,"repostType":4,"repost":{"id":"1180615398","kind":"news","pubTimestamp":1644795259,"share":"https://ttm.financial/m/news/1180615398?lang=&edition=fundamental","pubTime":"2022-02-14 07:34","market":"sg","language":"en","title":"Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=1180615398","media":"Reuters","summary":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at S","content":"<html><head></head><body><p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia&#39;s largest bank and flagged strong business momentum as pandemic-hit economies bounce back.</p><p>Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.</p><p>&#34;We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,&#34; DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.</p><p>DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.</p><p>The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.</p><p>DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.</p><p>($1 = 1.3464 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-14 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce ...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股"},"source_url":"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180615398","content_text":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce back.Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.\"We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,\" DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.($1 = 1.3464 Singapore dollars)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095900914,"gmtCreate":1644796375889,"gmtModify":1676533961560,"author":{"id":"3586219015705971","authorId":"3586219015705971","name":"IN76","avatar":"https://static.tigerbbs.com/984bfc5141365bf8942213556d53a7cf","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":6,"crmLevelSwitch":1,"idStr":"3586219015705971","authorIdStr":"3586219015705971"},"htmlText":"Congrats to DBS investors! But expect the price to drop today due to the uncertainties in 🇺🇦 &amp; 🇷🇺&nbsp;","listText":"Congrats to DBS investors! But expect the price to drop today due to the uncertainties in 🇺🇦 &amp; 🇷🇺&nbsp;","text":"Congrats to DBS investors! But expect the price to drop today due to the uncertainties in 🇺🇦 & 🇷🇺","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095900914","repostId":1180615398,"repostType":4,"repost":{"id":"1180615398","kind":"news","pubTimestamp":1644795259,"share":"https://ttm.financial/m/news/1180615398?lang=&edition=fundamental","pubTime":"2022-02-14 07:34","market":"sg","language":"en","title":"Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=1180615398","media":"Reuters","summary":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at S","content":"<html><head></head><body><p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia&#39;s largest bank and flagged strong business momentum as pandemic-hit economies bounce back.</p><p>Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.</p><p>&#34;We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,&#34; DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.</p><p>DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.</p><p>The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.</p><p>DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.</p><p>($1 = 1.3464 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-14 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce ...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股"},"source_url":"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180615398","content_text":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce back.Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.\"We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,\" DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.($1 = 1.3464 Singapore dollars)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095077430,"gmtCreate":1644796340708,"gmtModify":1676533961542,"author":{"id":"3581250600180292","authorId":"3581250600180292","name":"TTM Investor","avatar":"https://community-static.tradeup.com/news/2f5fd716e63ae3848b455b2214a559df","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"3581250600180292","authorIdStr":"3581250600180292"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095077430","repostId":1180615398,"repostType":4,"repost":{"id":"1180615398","kind":"news","pubTimestamp":1644795259,"share":"https://ttm.financial/m/news/1180615398?lang=&edition=fundamental","pubTime":"2022-02-14 07:34","market":"sg","language":"en","title":"Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates","url":"https://stock-news.laohu8.com/highlight/detail?id=1180615398","media":"Reuters","summary":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at S","content":"<html><head></head><body><p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia&#39;s largest bank and flagged strong business momentum as pandemic-hit economies bounce back.</p><p>Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.</p><p>&#34;We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,&#34; DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.</p><p>DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.</p><p>The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.</p><p>DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.</p><p>($1 = 1.3464 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.</p><p>DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.</p><p>The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.</p><p>DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.</p><p>($1 = 1.3464 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Bank DBS Q4 Profit up 37%, Expects Gains from Rising Interest Rates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-14 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce ...</p>\n\n<a href=\"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股"},"source_url":"https://finance.yahoo.com/news/singapore-bank-dbs-q4-profit-225318083.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180615398","content_text":"DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce back.Singapore banks are expected to be big beneficiaries of rising interest rates while a rebound in economic growth and stable credit quality is also boosting the industry outlook.\"We look forward to the coming year with a prudently managed balance sheet that is poised to benefit from rising interest rates,\" DBS Chief Executive Officer Piyush Gupta said in a statement on Monday.DBS, the first Singapore bank to report this season, said net profit for October-December rose to S$1.389 billion ($1.03 billion) and follows a particularly weak pandemic-hit year when profit tumbled to a three-year low in the fourth quarter.The result compares with an average estimate of S$1.47 billion from four analysts polled by Refinitiv.DBS, which earns most of its profit from Singapore and Hong Kong, said allowances for loan losses decreased to S$33 million in the latest quarter from S$577 million a year earlier.($1 = 1.3464 Singapore dollars)","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":123,"commentSize":30,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}