DBS on Thursday guided that its oil-and-gas lending portfolio at S$23 billion makes up its single-largest loan exposure to impacted industries made vulnerable by the Covid-19 pandemic, and that it expects further allowances set aside specifically for O&G support
services.DBS on Thursday guided that its oil-and-gas lending portfolio at S$23 billion makes up its single-largest loan exposure to impacted industries made vulnerable by the Covid-19 pandemic, and that it sees more allowances set aside specifically for O&G support services.
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