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BRIEF-DBS Group Holdings Posts Qtrly Net Profit Of S$ 1,629 Mln

Reuters SG

Nov 11 (Reuters) - DBS Group Holdings Ltd:

* QTRLY NET PROFIT S$ 1,629 MILLION VERSUS S$ 1,413 MILLION

* QTRLY NET INTEREST INCOME S$2,460 MILLION VERSUS S$2,273 MILLION

* QTRLY TOTAL INCOME S$3,823 MILLION VERSUS S$3,375 MILLION

* QTRLY NET INTEREST MARGIN 1.90 % VERSUS 1.86%

* AS AT SEPT 30, NPL RATIO 1.5% VERSUS 1.6%

* AS AT SEPT 30, COMMON EQUITY TIER 1 CAPITAL ADEQUACY 13.8%

* QTRLY RETURN ON EQUITY 13.4% VERSUS 12.2%

* DECLARED THIRD-QUARTER DIVIDEND OF SGD 30 CENTS PER SHARE

* DURING QTR, INCURRED ADDITIONAL GENERAL ALLOWANCES OF S$61 MLN TAKEN AS PRUDENT MEASURE GIVEN ONGOING POLITICAL AND ECONOMIC UNCERTAINTY Source text for Eikon: Further company coverage: