DBS Group Holdings Ltd
D05: XSES (SGP)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
SGD 12.00 | Sxmymj | Fzwnlqdtfc |
DBS' Lending Margins to Ease in Line With Industry, but There Is Room to Reward Shareholders
Business Strategy and Outlook
DBS Group is the largest bank in Singapore and operates in Hong Kong, Greater China, Southeast Asia, and India. Besides being Singapore's largest bank, it has also delivered the highest average return on equity in recent years and we view the group as a top-class operator among Asian banks.