DBS Group Holdings Ltd (OTCPK:DBSDF)
$ 31.25 -2.15 (-6.44%) Market Cap: 84.17 Bil Enterprise Value: 129.19 Bil PE Ratio: 10.78 PB Ratio: 1.68 GF Score: 76/100

Half Year 2019 DBS Group Holdings Ltd Earnings Call Transcript

Jul 29, 2019 / 03:30AM GMT
Release Date Price: $17.62 (+0.83%)
Operator

Thank you. Over to you.

Piyush Gupta
DBS Group Holdings Ltd - CEO & Executive Director

So hello, everybody, and welcome to our second quarter session for the buy and sell side. We'll go straight into Q&A. I'm going to ask those in the room. Does anybody? Yes.

Questions & Answers

Unidentified Company Representative

I'll just ask -- I just wanted to clarify or make sure that I get it right what you're saying on loan MAS charge.

So [the other split here is] Obviously, below the cycle average loan discharged, this looks very cheap.

And then as we go forward, you're obviously, talking about -- there's a possibility you'll get some recoveries. So you're saying over the next 2 or 3 years, you can also keep loan MAS charge below the -- through the cycle average.

Piyush Gupta
DBS Group Holdings Ltd - CEO & Executive Director

Actually we've got 2 or 3 things happening here. One, we were very conservative in provisioning. And so we really built

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