DBS Group Holdings Ltd · SGX:D05
DBS — Q2 2022 Earnings Presentation
4 slides from DBS's earnings presentation, Aug 4, 2022
Slide 1: CEO Observations
X DBS | sanciess CEO Observations 4 Aug 2022
Slide 2: Macro Outlook
Macro Outlook ▪ Base case - US interest rates peak at 3.5-4%. Inflation tempered, mild recession - Flow-through to Asia contained, currency depreciation manageable ▪ Tail risks - Worsening food and energy shortages from Russia-Ukraine conflict, causing inflation to remain stubborn. More aggressive i
Slide 3: Outlook
Outlook ▪ Business momentum mixed - Full-year loan growth at mid-single digit percent - Fee income likely bottomed in 2Q ▪ Earnings upside from accelerated interest rate increases flowing through - NII sensitivity maintained at S$18m-20m per basis point of USD rates - July NIM above 1.80% ▪ Cost-inc
Slide 4: Thank You
Thank You DBS