CEO Tan Su Shan sees opportunities within the equities capital markets and debt capital markets, as corporates return to these markets amid lower rates
[SINGAPORE] DBS expects its total income for 2026 to be around 2025 levels, as lower interest rates ahead can likely be mitigated by a growth in deposits, said chief executive Tan Su Shan.
Group net interest income will likely be weighed down by rate cuts in the US, a stronger Singapore dollar and based on current Singapore Overnight Rate Average (Sora) levels.
But the bank will make up for it with volume growth and fee growth, said Tan at a briefing for the lender’s third-quarter results on Thursday (Nov 6).
