DBS Group Holdings Ltd · SGX:D05
DBS — Q3 2021 Earnings Presentation
5 slides from DBS's earnings presentation, Nov 5, 2021
Slide 1: CEO Observations
X DBS | sanciess CEO Observations 5 Nov 2021
Slide 2: Business Momentum
Business Momentum ▪ Strong loan growth of 2% for 3Q and 8% for 9M, more diversified than 2020 ▪ 3Q fee income second highest on record, up 11% yoy - Wealth management up 16%, AUM up 13%; good momentum in retail wealth - Transaction banking up 18%, reflecting deepening customer franchise - Cards up 1
Slide 3: Business Outlook
Business Outlook ▪ Business momentum healthy despite supply chain bottlenecks and China developments - Mid-to-high single-digit loan growth and double-digit fee income growth in 2022 ▪ Inflation could be more than transitory, resulting in cost pressures but also boosting interest rate outlook ▪ Inve
Slide 4: DBS Finnovation
DBS Finnovation ▪ Structure in place to support growth agenda and realise value from new businesses DBS Group Holdings ▪ DBS Finnovation set up in 2020 to hold businesses adjacent to DBS’ core banking activities DBS Bank ▪ DBS Finnovation currently holds 3 entities which are new businesses DBS Finno
Slide 5: Thank You
Thank You DBS