|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||83.45 - 86.71|
|52 Week Range||50.88 - 88.00|
|Beta (5Y Monthly)||1.10|
|PE Ratio (TTM)||16.01|
|Forward Dividend & Yield||2.14 (2.49%)|
|Ex-Dividend Date||Apr 06, 2021|
|1y Target Est||53.71|
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of DBS Bank (China) LimitedGlobal Credit Research - 09 Apr 2021Hong Kong, April 09, 2021 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of DBS Bank (China) Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion held on 1 April 2021 in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
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DBS Group's move to take over troubled Lakshmi Vilas Bank will give Southeast Asia's largest lender the boost in India it has long desired, but aligning the two banks' business cultures could prove tricky. LVB, facing mounting bad loans and governance issues and a failure to secure capital, is set to be folded into DBS's Indian subsidiary under a plan proposed by India's central bank, which took control of the 94-year old Chennai-based lender on Tuesday, citing a "serious deterioration" in its finances. The plan will accelerate Singapore-based DBS's expansion ambitions in India and potentially transform it from a largely digital bank in the country to one with hundreds of branches.