Report
UOB
Jonathan Koh

Singapore Daily - Friday, July 12, 2019

KEY HIGHLIGHTS
Update
DBS Group Holdings (DBS SP/BUY/S$25.61/Target: S$30.50): 2Q19 results preview: Continued NIM expansion, stable asset quality.

TRADERS’ CORNER
Keppel Corp (KEP SP): Trading BUY
ComfortDelGro Corp (CD SP): Trading SELL
Underlying
DBS Group Holdings Ltd.

DBS Group Holdings is an investment holding, treasury and funding vehicle for itself and its subsidiaries. Co.'s main subsidiary is DBS Bank Ltd, which is engaged in a range of commercial banking and financial services, principally in Asia. Co.'s various business segments are: Consumer Banking/ Wealth Management, which provides individual customers with a range of banking and related financial services; Institutional Banking, which provides financial services and products to institutional clients; as well as Treasury, which provides treasury services to corporations, institutional and private investors, financial institutions and other market participants.

Provider
UOB
UOB

Analysts
Jonathan Koh

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