DBS Group Holdings Ltd

D05: XSES (SGP)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
SGD 88.00GwwvbvQvykvgdpsf

DBS Group Is Leveraged to Regional Growth in Greater China and Asia

Business Strategy and Outlook

DBS Group is the largest bank in Singapore and operates in Hong Kong, Greater China, and Southeast Asia. Over the past decade, the bank has expanded its reach through acquisitions, but we expect organic growth to be the main contributor to future earnings. Key areas of focus for the bank include small to midsize enterprises, transactional banking, and wealth management, which are all expected to benefit from the increase in trade and rising middle class in the Asian region. DBS has also launched digital banks in India and Indonesia.

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