Singapore's DBS bank confident of 15%-17% ROE in next 3-5 years, CEO says

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SINGAPORE: Singapore's biggest bank DBS Group is confident of achieving a return on equity (ROE) of 15 per cent to 17 per cent in the medium term or over the next three to five years, its chief executive said on Thursday. "Rates have come down from the 5.

SINGAPORE: Singapore's biggest bank DBS Group is confident of achieving a return on equity of 15 per cent to 17 per cent in the medium term or over the next three to five years, its chief executive said on Thursday.

Drivers include faster growth among its high ROE businesses such as wealth management and global transaction services.

 

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