CEO Piyush Gupta said assuming the virus was controlled by the summer, the revenue impact to DBS would be around 1%-2%.
SINGAPORE: DBS Group Holdings Ltd , Southeast Asia's biggest lender, reported a 14% rise in fourth-quarter profit on Thursday, just above market estimates, and said it saw little impact on its business from the coronavirus outbreak.
The Singapore-based bank reported net profit of S$1.51 billion ($1.09 billion) for October-December versus S$1.32 billion a year earlier, and compared with an average estimate of S$1.48 billion from five analysts, according to data from Refinitiv.
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