DBS to give staff S$1,000 special bonus; plans new capital return dividend

Quick Summary:

SINGAPORE: Singapore's biggest bank DBS Group said it expects group net interest income to improve this year and announced a capital return dividend plan on Monday (Feb 10) as it posted a 10 per cent rise in fourth-quarter net profit, matching expectations.

It also announced a S$1,000 (US740) bonus for staff as a reward for the bank's performance.

All staff except senior managers will receive the S$1,000 bonus as an additional reward for their contribution to the bank's performance.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Group Dividend Capital Income Singapore Year Announced Bank Quarter Interest Cent

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-10 @ 08:02:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 453 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 26009169

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