Breaking: 

In this episode, we dissect DBS's stellar financial performance in 2024, highlighting their record-breaking net profit of $11.4 billion, a remarkable 11% increase from the previous year.

• Analysis of Total income growth of 10%, driven by commercial book net interest margin expansion, record fee income, new highs in treasury customer sales, and a rebound in markets trading income.

Examination of dividend payouts and capital returns:

• Introduction of a quarterly Capital Return dividend for the financial year 2025.
• Board's commitment to manage down excess capital over the next three years.

Discussion of strategic initiatives and employee rewards:

• A one-time bonus to be paid to all staff (excluding senior managers) as a reward for their contribution to the record performance.
• Allocation of SGD 100 million from the year's profits towards DBS's CSR commitment to support vulnerable communities.

There will be an AGM on

Event dates:

For more information, click here: DBS GROUP HOLDINGS LTD 2024 AGM