SINGAPORE -- Southeast Asia's largest lender DBS Group Holdings on Thursday warned of further months of pandemic difficulty as it booked a net profit of SG$1.25 billion ($910 million) for the three months ended June -- a 22% dip from a year ago.
The bank's outlook mirrored those of its counterparts elsewhere in the Association of Southeast Asian Nations, as lenders grapple with the risk of more non-performing loans as the coronavirus outbreak rattles the cash flows of corporate borrowers.
