DBS — Q3 2020 Earnings Presentation

4 slides from DBS's earnings presentation, Nov 5, 2020

Slide 1: CEO Observations
X DBS | sanciess CEO Observations 5 Nov 2020
Slide 2: Business Outlook
Business Outlook ▪ Business momentum improved - Underlying loan momentum healthy, masked by repayments of short term facilities - Bright spot from 17% growth in fee income to pre-Covid levels - Wealth management fees increased on improving market sentiment - Card fees grew as consumer spending picke
Slide 3: Credit Outlook
Credit Outlook ▪ Some episodic corporate NPL formation, while consumer delinquencies declined with improved collections ▪ Overall NPA formation expected to trend upwards as government relief programmes expire in 2021 ▪ Guidance for total allowances of S$3bn-5bn over two years remains - S$2.5bn alrea
Slide 4: Thank You
Thank You EEDBS