DBS general allowance ‘more than adequate’: CEO Tan Su Shan

DBS general allowance ‘more than adequate’: CEO Tan Su Shan


The bank’s total allowance stood at S$6.4 billion, comprising S$4.1 billion in general allowances and S$2.4 billion in specific allowances.

[SINGAPORE] DBS’ general allowance reserves are “more than adequate”, said its chief executive Tan Su Shan.

The bank will also not top up its general allowances any further, especially after it increased its overlay general provisions (GP) by S$200 million earlier in 2025 to incorporate uncertainty over US tariffs, said chief financial officer Chng Sok Hui.

“(The general allowances) are more than adequate because we actually exceeded the (regulatory requirement),” Chng said at a briefing for the lender’s third quarter results on Thursday (Nov 6).



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Liam Redmond

As an editor at Forbes Los Angeles, I specialize in exploring business innovations and entrepreneurial success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.

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