DBS Group Holdings Ltd (SGX:D05)
S$ 38 0 (0%) Market Cap: 108.08 Bil Enterprise Value: 28.81 Bil PE Ratio: 10.27 PB Ratio: 1.65 GF Score: 78/100

Q4 2022 DBS Group Holdings Ltd Analyst Briefing Transcript

Feb 13, 2023 / 03:30AM GMT
Release Date Price: S$32.11 (-1.97%)
Piyush Gupta
DBS Group Holdings Ltd - CEO & Executive Director

Hi, everyone, and welcome to our results briefing. You've seen the media broadcast. So we'll go straight into Q&A. Adana, can you open the floor for questions?

Questions & Answers

Operator

(Operator Instructions) We now have the first question from Aakash Rawat from UBS.

Aakash Rawat
UBS Investment Bank, Research Division - Director and Research Analyst

So the first one is just on the loan growth. So Piyush, I think you mentioned some of the reasons why you saw the decline in Q4. I'm just wondering like why wouldn't -- why shouldn't we extrapolate these headwinds into FY '23? And on the basis of that, would there be any downside risk to your FY '23 mid-single-digit loan growth guidance.

And on a related note, I think you also mentioned the strong tailwinds to the wealth management inflows and the new family offices that you've seen. It's a bit surprising that we haven't seen the impact of that on the loan growth so far. So how are you

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