Munshi Ahmed | Bloomberg | Getty Images
:The DBS Group Holdings Ltd. logo is displayed atop the company’s DBS Asia Hub building in Singapore, on Thursday, Feb. 9, 2012.
Singapore’s top lender DBS Group said Thursday that net profit in the fourth quarter of 2016 fell nearly 9 percent from a year ago to S$913 million.
Full-year earnings came in at S$4.24 billion, the bank said in an earnings release, falling 2 percent from a year earlier “as a stronger operating performance was offset by higher allowances.”
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