Financial Highlights

Income (SGD)

Total income grew 22%, exceeding SGD 20 billion for the first time.

Net Profit (SGD)

Net profit rose 26% to a record SGD 10.3 billion, as we benefited from higher interest rates and reaped the rewards of structural shifts made to our franchise in the last decade.

Return on Equity

Return on equity climbed from 15% to a new high of 18%

Growth

Solutions

Future

Delivering

Growth

DBS continued to entrench our leading position in Singapore, while being more deeply embedded in Asia’s large economies. The inorganic transactions we did in China, India and Taiwan have strengthened our franchise in these markets, and will position the bank well as we look out into the next decade.

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Creating

Solutions

From improving the way we work, to developing more innovative solutions, our aim is to help customers achieve their financial and business goals in an effective, seamless and secure manner.

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Forging a

Future

From our inception as the Development Bank of Singapore, DBS has always been guided by a strong sense of purpose. From combating climate change to giving back to the community, we are committed to doing our part to forge a more equitable, sustainable future.

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