Q1 2024 DBS Group Holdings Ltd Analyst Call Transcript

May 02, 2024 / 03:30AM GMT
Benton Jing Hung Yick -

Good morning, everyone. Welcome to the DBS analyst briefing. You've already heard the media briefing, so we can go straight to Q&A.

Questions and Answers:

Benton Jing Hung Yick -

Some very brief instructions before we start. (Operator Instructions). Without further ado, the first question is from Yong Hong from Citi.

Yong Hong Tan - Citigroup Inc., Research Division - Research Analyst

Happy $100 billion market cap. I have two questions. Maybe I'll ask them one by one. My first question is on loans. I think the nontrade corporate loans were great, and I think there was also some currency impact. Is this too early to take it as a sign that the borrowers are accepting the rates will be higher than longer? And would that be upside to our low single digits full year view? Just trying to get some sense if this momentum can continue for the year.

Piyush Gupta - DBS Group Holdings Ltd - CEO & Executive Director

I think it's too early to say that. I think it's
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