KM Financial Solutions | Singapore’s DBS Q1 profit falls 29% on coronavirus loan loss provisions
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Singapore’s DBS Q1 profit falls 29% on coronavirus loan loss provisions

Singapore’s DBS Q1 profit falls 29% on coronavirus loan loss provisions

Singapore’s DBS Group
Holdings set aside S$1.09 billion ($772.5 million)to
cover the impact of the coronavirus pandemic as Southeast Asia’s
biggest lender reported a 29% fall in first-quarter profit.

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