Singapore's DBS bank posts 17-per-cent growth in net profit

Monsters and Critics, 7 May 2010
Singapore - Singapore's DBS Group Holdings Ltd, South-East Asia's biggest bank, on Friday said its net profit for the first quarter of 2010 grew by 17 per cent compared the year-ago quarter, driven by a rise in income and a decline in bad debt costs.
Net profit for the three months through March climbed to 532 million Singapore dollars (380 million US dollars), up from 456 million Singapore dollars posted a year earlier, DBS said in a statement. Full Story

Related:
DBS Group’s First-Quarter Profit Rises 23% to S$532 Million - BusinessWeek
DBS says Q1 net profit up 23 pct; above consensus - Reuters
Singapore's DBS bank posts 17-per-cent growth in net profit - Earth Times
DBS Q1 disappoints after OCBC's bumper performance - Reuters
DBS says much of Q1 bad debt linked to Mideast - Reuters
DBS's strategy in focus as rivals surge ahead in Q1 - Reuters