DBS — Q2 2020 Earnings Presentation

5 slides from DBS's earnings presentation, Aug 6, 2020

Slide 1: CEO Observations
X DBS | sanciess CEO Observations 6 Aug 2020
Slide 2: Business Outlook
Business Outlook ▪ Operating trends in line with 1Q guidance ▪ Loan growth resilient, expected at 5% for full year led by non-trade corporate loans ▪ Record deposit inflows in 1H led by Casa, momentum expected to continue - Casa ratio up 7%pt over half year to 66% - Excess deposits deployed in risk-
Slide 3: Business Outlook
Business Outlook ▪ Several fee income streams improving from trough in April as lockdowns ease - Cards and bancassurance rebound in June but remain below pre-Covid levels - Wealth management investment income rebounds strongly from trough in April to pre-Covid record levels - Investment banking pipe
Slide 4: Credit Outlook
Credit Outlook ▪ Guidance for total allowances of S$3bn-5bn over two years maintained; S$1.9bn taken in 1H ▪ Not seeing much NPL formation and SP in 2Q other than for unsecured consumer credit ▪ General allowance reserves at S$3.8bn, 24% above MAS minimum requirement ▪ Relief measures across key mar
Slide 5: Thank You
Thank You EEDBS