<div class=newsTextDataWrapInner><p>SINGAPORE (Oct 31): Record net interest income and fee income gave a boost to DBS Group Holdings' results for 3Q2014.</p></div>

<div class=newsTextDataWrapInner><p>Earnings for the three months to Sept 30 rose 17% y-o-y to $1.01 billion, the bank said in a statement today.</p></div>

<div class=newsTextDataWrapInner><p>During the period, net interest margin grew eight basis points to 1.68%, the highest in nine quarters.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Net interest income rose 14% to $1.6 billion on higher loan growth, while non-interest income grew 23% to $912 million.</p></div>

<div class=newsTextDataWrapInner><p>Overall, total income increased 17% to $2.51 billion.</p></div>

<div class=newsTextDataWrapInner><p>DBS made allowances of $177 million for loans during the quarter, up from $151 million in 3Q2013. Of this amount, specific allowances for loans rose to $148 million from $93 million a year earlier, owing to loan-resolution write-backs in the previous quarter.</p></div>

<div class=newsTextDataWrapInner><p>Its non-performing loan ratio of 0.9% was unchanged from the previous quarter.</p></div>

<div class=newsTextDataWrapInner><p>Earnings from its Hong Kong operations rose 42% to $226 million.</p></div>

<div class=newsTextDataWrapInner><p>DBS shares closed 0.5% lower at $18.33 yesterday.&nbsp;</p></div>


SINGAPORE (Oct 31): Record net interest income and fee income gave a boost to DBS Group Holdings' results for 3Q2014.

Earnings for the three months to Sept 30 rose 17% y-o-y to $1.01 billion, the bank said in a statement today.

During the period, net interest margin grew eight...

DBS 3Q2014 earnings up 17% to $1.01 billion

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...

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