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 Singapore Banks Interim Review 3 - nracapital.com
Operating Profit 2153 2538 3027 3 6 13 Impairment Charges 321 144 318 5 36 14 Core Net Profit 1563 2041 2250 -2 12 12 Brief Recap DBS outperformed its peers at the interim as it benefitted from a further 6bp improvement in NIMs in the 2Q since the bulk of its SIBOR pegged loans were repriced only in 2Q.