Moody's says DBS unaffected by higher provisions or acquisition

The Asian Banker
18th Feb 2008

Moody's Investors Service says DBS Bank Ltd's ("DBS") ratings have not been affected by the announcement of additional provisions relating to its collateralized debt obligations ("CDO") and other investment exposures during 4Q2007, or by its recent acquisition of Taiwan-based Bowa Commercial Bank ("Bowa Bank").

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