SINGAPORE’S largest bank DBS reported a net profit of S$1.8 billion for the first quarter ended Mar 31, 2022, down 10 per cent from the record S$2.1 billion posted a year ago.
SINGAPORE’S largest bank DBS reported a net profit of S$1.8 billion for the first quarter ended Mar 31, 2022, down 10 per cent from the record S$2.1 billion posted a year ago.
SINGAPORE’S largest bank DBS reported a net profit of S$1.8 billion for the first quarter ended Mar 31, 2022, down 10 per cent from the record S$2.1 billion posted a year ago.
UOB reported on Friday (Apr 29) that Q1 net profit fell 10 per cent on year to S$906 million, as total income was impacted by market volatility.
UOB's Q1 net profit may have fallen in the first quarter amid lower trading and investment income but the bank believes improvements will be seen in the coming quarters.
UOB's Q1 net profit may have fallen in the first quarter amid lower trading and investment income but the bank expects improvements in the coming quarters.
AS interest rates rise, the jostle for deposits has also begun.
INSURANCE company Great Eastern Holdings said its profit attributable to shareholders fell to S$220 million for its first quarter ended Mar 31, 2022, 50 per cent lower than the S$437.6 million in the same period a year ago.
PROPERTY firms and real estate investment trusts (Reits) bagged nearly half of the green debt raised by Singapore companies last year, with sustainability-linked loans making up the lion’s share, according to an analysis by the Institute of Real Estate and Urban Studies (IREUS).
UBS posted its best first-quarter net profit in 15 years on Tuesday (Apr 26) with a 17 per cent jump on the back of strong trading, upending expectations for a fall amid uncertainties over the war in Ukraine.