KM Financial Solutions | UPDATE 2-DBS Q1 profit slumps to 2-1/2-yr low on virus loan loss provisions
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UPDATE 2-DBS Q1 profit slumps to 2-1/2-yr low on virus loan loss provisions

UPDATE 2-DBS Q1 profit slumps to 2-1/2-yr low on virus loan loss provisions

DBS Group Holdings
set aside hefty provisions to cover the impact of the
coronavirus pandemic as it reported a 29% drop in first-quarter
profit but retained its quarterly dividend.

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