AL DHAFRA / WAM H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in Al ...
Read More »DBS profit falls as provisions offset interest income
Bloomberg DBS Group Holdings Ltd.’s second-quarter profit declined 6 percent as provisions for troubled energy-services firm Swiber Holdings Ltd. overshadowed gains in interest and fee income. Net income fell to S$1.05 billion ($780 million) from S$1.12 billion a year earlier, Singapore’s largest bank said in an exchange filing Monday. That compared with the S$1.07 billion average of five analysts ...
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