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Posts Tagged ‘china indonesia’

DBS eyes clients in top Asian economies

October 4th, 2010 | No Comments

The private banking arm of Singapore’s DBS (DBSM.SI) expects 20 to 30% annual growth in net new assets from China, Indonesia and India, as it gears up for expansion in Asia’s fastest-growing markets for millionaires.

DBS, Southeast Asia’s biggest lender, is competing for market share against UBS (UBSN.VX) and boutiques like Swiss wealth manager BSI in a region that is outpacing growth in the United States and Europe.

DBS eyes 20-30% assets growth in big Asia markets

October 4th, 2010 | No Comments

The private banking arm of Singapore’s DBS (DBSM.SI) said on Monday it expects 20 to 30% annual growth in net new assets from China, Indonesia and India, as it gears up for expansion in Asia’s fastest-growing

“The high delta or the high growth markets right now are clearly China, Indonesia for Southeast Asia, and India,” Su Shan Tan, DBS’s group head of wealth management, said at the Reuters Global Private Banking Summit. “So those are our key focus areas right now.”

Singapore Cerebos eyes 10-20 sales growth, China boost

February 26th, 2010 | No Comments

Singapore-listed health supplement Cerebos Pacific (CERE.SI) said on Friday it is aiming for a 10-20% revenue growth over the next three years as it steps up its presence in China, Indonesia and Vietnam.

Cerebos’ chief executive Eiji Koike told Reuters in an interview that he expected the loss-making operation in China to break even by 2012 and that the company plans to expand its presence to another 10-20 cities in the coming years.

Posts Tagged ‘china indonesia’

DBS eyes clients in top Asian economies

DBS eyes 20-30% assets growth in big Asia markets

Singapore Cerebos eyes 10-20 sales growth, China boost

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