DBS aims for moderate M&A diet to avoid indigestion

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.dbsbank aims for moderate M&A diet to avoid indigestion

The bank dropped the purchase of Bank Danamon in 2013, after Indonesia changed regulations and restricted single ownership in domestic banks.

"So we are open to exploring those, but again, it's a fine call. When does it become too big - one that is going to subsume everything else?" But the Reuters report said Japan's SMFG and DBS' Singapore peer OCBC are deemed as frontrunners for the mid-sized Indonesian bank.

 

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