DBS Bank is one of the largest banks in Singapore, with a global presence in over 18 markets worldwide. As a leading financial institution, DBS Bank is dedicated to providing excellent customer service to its clients. This is why they have set up a hotline that customers can call to receive assistance and support for their banking needs. The DBS banking hotline is a service that allows customers to connect with a team of trained professionals who can provide answers to their queries, resolve their concerns, and offer support on a range of banking products and s...
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Margins are expected to shrink 6-10 bps compared to Q4 2019. Singapore’s big three banks are expected to post an average 38% YoY fall in earnings for the Q1 period on the back of spiking credit costs and falling credit card income, according to a report by Jefferies. Meanwhile, the banks’ non-interest income is expected to contract by 6-13% YoY, whilst revenue for the three banks will fall 2-4% YoY, due to falling card income, wealth management income, and weak stock prices. Whilst system loans and deposits grew 3.5% and 4.9% YTD respectively, pushed by b...
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