SINGAPORE -- Southeast Asia's largest bank by assets, DBS Group Holdings, is seeing its value swell as it closed off last year with another quarter of increased profitability, despite uncertainty over the interest rate environment's path.
Top Southeast Asian bank's value climbs 6 spots to 23rd in global ranking last year
DBS reported a net profit of 2.62 billion Singapore dollars ($1.93 billion) for the October to December period, up 10% from a year earlier. © Reuters
SINGAPORE -- Southeast Asia's largest bank by assets, DBS Group Holdings, is seeing its value swell as it closed off last year with another quarter of increased profitability, despite uncertainty over the interest rate environment's path.