Southeast Asia’s largest bank warns virus outbreak could hit its revenue this year

Southeast Asia’s largest bank warns virus outbreak could hit its revenue this year

DBS Group Holdings in the central business district of Singapore.

Nicky Loh | Bloomberg | Getty Images

The ongoing spread of a new coronavirus disease, recently named COVID-19, could hit the revenue of Southeast Asia’s largest bank this year, its chief executive said on Thursday.

Piyush Gupta, the CEO of Singaporean bank DBS, said the impact on its full-year revenue is estimated to be 1%…

View On WordPress

Sponsored


Discover more from USNewsRank

Subscribe to get the latest posts sent to your email.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

0
Would love your thoughts, please comment.x
()
x