3 Min Read SINGAPORE (Reuters) - Singapore bank DBS Group painted an optimistic picture for 2021 as a pandemic-induced slowdown gives way to an improved business performance, driven by wealth management, while credit costs decline as government moratorium programs come to an end. FILE PHOTO: A DBS bank signage is pictured in Singapore September 5, 2017. REUTERS/Edgar Su On Wednesday, Southeast Asia’s biggest lender reported a 33% drop in net profit for the quarter ended December as benchmark interest rates plunged to historic lows and crimped margins, contributing to a 26% fall in full-year profit. “DBS wrapped up a turbulent 2020 with a very strong balance sheet, supported by good asset quality, high capital and excess liquidity,” said Eugene Tarzimanov, a senior credit officer at Moody’s Investors Service.