Singapore's DBS says not worried about exposure to Adani group
DBS had provided financing of about $751m to Adani for its $10.5b acquisition of Holcim's cement business.
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DBS had provided financing of about $751m to Adani for its $10.5b acquisition of Holcim's cement business.
DBS Group not concerned about financial exposure to Adani Group
DBS Group reported a forecast-beating 32 per cent jump in quarterly profit to a record high and gave a bullish outlook on Thursday (Nov 3) as higher interest rates boosted net interest margins at Southeast Asia's largest lender. Banks globally have benefited from a jump in net interest income as central banks hike rates to tackle soaring inflation, although analysts...
DBS Group reported a forecast-beating 32% jump in quarterly profit to a record high as banks rake in the benefits of higher interest rates, but Southeast Asia's largest lender cautioned on the
DBS Group (OTCMKTS:DBSDY – Get Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Friday, Zacks.com reports. According to Zacks, “DBS Group Holdings Ltd is the holding company of DBS Bank and is one of the largest companies in terms of market […]