DBS Group Holdings Ltd (SGX:D05)
S$ 41.85 0.14 (0.34%) Market Cap: 119.03 Bil Enterprise Value: 179.33 Bil PE Ratio: 10.87 PB Ratio: 1.77 GF Score: 66/100

Q1 2020 DBS Group Holdings Ltd Earnings Call Transcript

Apr 30, 2020 / 03:15AM GMT
Release Date Price: S$18.15 (+3.96%)
Operator

Over to you.

Michael Sia
DBS Group Holdings Ltd - Head of IR

Hello, everybody. This is Michael. Welcome to our first quarter briefing for the buy and sell side. You've heard the presentation by Piyush and Sok Hui at the media briefing, so we can go straight to Q&A.

So Serena, can you open the line for questions?

Questions & Answers

Operator

(Operator Instructions) We have the first question. It's Eugene from Moody's.

Eugene Tarzimanov;s Corporation
Moody;Research Division - VP & Senior Credit Officer

' -

Eugene here from Moody's. I just have 2 questions, one on asset quality and the other one on liquidity. So first of all, can you give us a sense of your Stage 2 loans? I mean we've seen many global banks recording quite significant increases there, so maybe some color there on Stage 2.

And then on liquidity, the big surge in deposits, I understand it'â¬â¢s the corporate deposits flowing into DBS. But where did you guys

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