Singapore lender DBS aims to double Australian lending book in 5 years
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 18 2025
0mins
Source: Reuters
DBS Group's Expansion Plans: DBS Group aims to double its Australian lending book from A$11 billion to A$20 billion in five years, leveraging trade links between Australia and Southeast Asia, supported by a new partnership with Austrade.
Market Trends and Investment Diversification: The bank reported strong quarterly results driven by wealth management fees and noted a shift among clients towards diversifying investments away from dollar-linked assets, showing increased interest in currencies like the euro and yen.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
