Despite keeping its non-performing loans (NPLs) in tact, banking giant DBS’ bad loans are notably arising from two places. additional specific provisions without affecting its CET-1 CAR,” UOB Kay Hian said. More From Singapore.
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It is a one-stop solution for those looking to purchase or sell cars, and DBS is looking to offer car loans to buyers using the site. The launch comes after a proposal by the Monetary Authority of Singapore to relax certain rules on "anti.
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The 12 troubled companies being referred to NCLT by the RBI — including Jyoti Structures, Bhushan Steel, Monnet Ispat and Electrosteel Steels, Amtek Auto and Era. NCLT bench in Delhi. DBS Bank said the company defaulted on loan.
The Jakarta-based bank is strong in auto loans and corporate financing. But MUFG relented on that effort when certain conditions were not met. Singapore’s.
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SINGAPORE/JAKARTA (Reuters) – Singapore’s DBS Group (DBSM.SI. penetration is low and annual loan growth runs at 20 percent. However, Danamon has lower returns on equity than some peers and a heavy exposure to auto.
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The bigger rate cut "highlights the central bank’s concern over the underlying growth momentum, especially given the disappointing reform progress and leveraged banks, corporates," said Radhika Rao, an economist at DBS in.
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New Delhi: Construction and engineering major Gammon India today said one of its lenders, DBS Bank, has asked the firm to convert the outstanding loan and interest into equity. been edited by NDTV staff and is auto-generated from.
According to DBS. especially loan and deposit growth, the report said. Meanwhile, recent macro indicators especially infrastructure industries growth, including steel and cement output have been positive, along with strong auto sales.
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DBS Bank has been very vocal in supporting the WOS model for. the focus will be on affluent clients who already bank with us. The next product will be auto loans and the third step is to get into the unsecured loan products such as.
penetration is low and annual loan growth runs at 20 percent. However, Danamon has lower returns on equity than some of its peers and a heavy exposure to auto financing. deal since taking over as boss of DBS in late 2009. He said the.
Singapore-based DBS Bank, which is Southeast Asia’s biggest bank have. Ally.
DBS Group Holdings , Southeast Asia’s biggest bank, has agreed to pay $7.24 billion for Indonesia’s Bank Danamon , offering a 52 percent premium. markets where bank penetration is low and annual loan growth runs at 20 percent.
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DBS is also offering an online interest rate of 1.99 per cent per annum (until August 31) on car loans when someone buys a car from their marketplace. Aside from that, the DBS Car Marketplace offers potential buyers a ‘car budget.
. interest rate of 1.99 per cent per annum (effective interest rate of 3.77 per cent per annum over a seven-year loan) on their DBS car loan when they buy a vehicle through the marketplace this month. The interest rate is lower compared.
I saw this DBS deal on our BIGScribe Facebook Group BIGS World that looked kind of attractive. DBS came up with a short duration savings account targeted at young.