Digitalisation and Value Creation
44% of the bank: High performing and rapidly digitalising business
Consumer and SME (Singapore, Hong Kong)
2017 income: S$11.6bn
Pre-empt disruptors
Rapidly transforming to digital
Gaining market share, creating new income streams
#1 in Singapore in mortgage, auto loans, cards, banca today1
S$5.1bn
Income
Cost-income ratio
ROE
11%
CAGR 2
49% 43%
22%
24%
38% (2015)
vs Group: 4%
2015
2017
2015
2017
44% (2017)
.
Jewel in the crown
•
Likely to grow income at double-digit
2017 figures annualised based on 1H17, where applicable
Has potential to contribute -50% of the bank's income in 5 years
1 Ranking for mortgage, auto loans, cards based on balances (source: Credit Bureau Singapore, Sep 17);
Ranking for bancassurance based on new business weighted premiums (source: Life Insurance Association, 9M17)
2 2015-2017
☑DBS
3View entire presentation