$DBS Group Holdings(D05.SI)$ is growing. In fact the rest of the big 3 are too. Interest rates are not negating their growth simply because rate cuts is an eventual occurrence and the banks are prepared for it by diversifying their revenue sources. $40 is not longer a distant dream. Sit tight for the upward ride
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- Tigerwong·09-25Wealth management is the key growth area and will offset the impact of declining interest rate. DBS has the biggest deposit base in Singapore and will definitely be impacted by the lower interest rate environment as interest margin compression set in.LikeReport