DBS Plans to Double Australian Lending in Five Years

Reported about 9 hours ago

DBS Group aims to double its Australian lending book from A$11 billion to A$20 billion within the next five years, according to CEO Tan Su Shan. This initiative is part of the bank's strategy to strengthen trade links between Australia and Southeast Asia. The bank has signed an agreement with Austrade to enhance trade and investment opportunities between Australian and Southeast Asian businesses, with a focus on companies from Singapore, Indonesia, Malaysia, and Vietnam.

Source: YAHOO

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