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DBS: Second-quarter profit drops 6pc to S$1.05b
OCBC and DBS both announced on Friday (May 20) that a voice biometrics authentication option will be launched in the fourth quarter of the year, allowing customers who call in to use their voice to authenticate their identities. u00e2u20acu201d TODAY pic
Monday, 08 Aug 2016 7:39 AM MYT

SINGAPORE, Aug 8 — DBS Group Holdings Ltd’s second-quarter profit declined 6 percent.

Net income fell to S$1.05 billion from S$1.12 billion (RM3.141 billion from RM3.351 billion) a year earlier, Singapore’s largest bank said in an exchange filing today. 

That compared with the S$1.07 billion average of five analysts in a Bloomberg survey that was compiled before DBS revealed losses related to troubled energy-services firm Swiber Holdings Ltd. — Bloomberg 

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