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DBS sees margin squeeze as interest rate cuts bite in Q2

admin by admin
August 7, 2020
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DBS sees margin squeeze as interest rate cuts bite in Q2
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DBS chief Piyush Gupta expects top line and net interest margin (NIM) – a key indicator of profitability for banks – to deteriorate over the rest of the year as it battles interest rate headwinds that threaten to drag down income.

Speaking to the media during the release…

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