close
close

Useful links

Letter From The Chairman & CEO
Letter from Chairman and CEO
In 2014, we delivered record earnings and income, with market capitalisation hitting SGD 50 billion.
Read more
CEO Interview
CEO Interview
Our CEO Piyush Gupta shares his insights on the macro economy, industry trends and key business issues.
Read more
Financial Statements
Financial Statements
Download DBS’ 2014 financial reports here.
Read more
Governance
Governance
See how we are committed to the highest standards of integrity, ethics and professionalism.
Read more
How We Create Value
How We Create Value
See how we generate sustainable returns in a responsible manner and deliver value to our stakeholders.
Read more
Our Priorities for 2014
Our Our 2014 priorities
Read about our priorities for 2014.
Read more
Our Performance
Our Performance
See how we have performed for each stakeholder group in 2014.
Read more
Value Distribution
Value Distribution
See how we distributed financial value in 2014.
Read more

Key Financial Highlights

Grow Income

Income (SGD m)

Grow Income Graph Target: Deliver consistent income growth
Outcome: 8% income growth to record SGD 9.62 billion

Manage Expenses

Cost/Income (%)

Manage Expenses Graph Target: Be cost efficient while investing for growth; cost-income ratio target of 45% or better
Outcome: Cost-income ratio in line with target of 45%. Continue to drive efficiency through strategic cost management efforts. Savings of SGD 500 million over three years reinvested in headcount and new capabilities including digital

Manage Portfolio Risk

Specific Allowances/Average Loans (bp)

Specific Allowances/Average Loans graph Target: Grow exposures prudently, aligned to risk appetite. Expect specific allowances to average 25 basis points (bp) of loans through the economic cycle
Outcome: Specific allowances as a percentage of loans maintained at 18 bp

Improve Returns

Return on Equity (%)

Return on Equity graph Target: Return on equity of 12% or better in a normalised interest rate environment
Outcome: Double-digit return on equity in a low interest rate environment