The Business Times·3 min read·medium

DBS Q2 net profit rises 9% to record S$3.08 billion as wealth fees surge

R
Renald Yeo
DBS Q2 net profit rises 9% to record S$3.08 billion as wealth fees surge
AI Summary

DBS Bank reported a record net profit of S$3.08 billion for the second quarter, driven by strong performance in wealth management and fee-generating businesses. Despite lower interest rates, the bank has raised its full-year guidance and expects continued growth through 2026.

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