The Star Online, 7 Aug 2009
SINGAPORE: Singapore's DBS Group Holdings Ltd. said Friday that profit in the second quarter fell 15 percent from a year earlier as bad debt charges jumped amid a sluggish regional economic recovery.
DBS, Southeast Asia's largest bank, reported earnings of 552 million Singapore dollars (US$384 million) for the three months ended June 30, down from profit of SG$652 million in the same period last year.
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Related:
Singapore's DBS bank 2Q profit falls 15 percent - CNBC.com
DBS Q2 net beats consensus, bad debt surge hits shares - Reuters
Singapore lender DBS beats earnings expectations - AFP
Singapore's DBS Bank posts 15-per-cent fall in quarterly profit - Earth Times
DBS Profit Beats Estimates as Fee Income Increases - Bloomberg.com
