Strong showing: Customers at a DBS branch in Singapore. The bank’s net profit for the fourth quarter of last year rose 10% to S$2.62bil. — Bloomberg
SINGAPORE: DBS Group will reward all employees, excluding senior managers, with a special one-time bonus of S$1,000 each, and plans to introduce a new “capital return” dividend, as Singapore’s biggest bank reported record earnings for last year.
The bank’s net profit for the fourth quarter to last December rose 10% to S$2.62bil from S$2.39bil a year earlier.
