[SGMarket]

DBS profit rebounds, seen gaining as rates outlook improves

SINGAPORE: DBS Group flagged strong business momentum after its profit rose to a record last year, cementing a recovery for Southeast Asia's largest lender as pandemic-hit economies rebound and boost loan growth and asset quality.

Singapore lenders are also expected to be big beneficiaries of rising interest rates.

https://www.channelnewsasia.com/business...es-2496251