$DBS Group Holdings (D05.SG)$ Some interesting comment from ...

- 40b loan need to reprice this year and 27b has been repriced in the first half. So expecting to see NIM and NII to further increase this year

- Piyush is confident that even if fed fund rate drop 200 basis point next year, they will be able to backfill 800m drop income with higher loan activities and increase in non-interest fee, especially from wealth management.

- Piyush acknowledge that CET1 is still high at 14.8 and more capital need to return to shareholder. But he will leave it to the new CEO (not sure if he's joking). He did not deny a share buyback either.

- Profit guidance raise to mid to high single digit this year. Last year profit was 10.3b, so this year should be more than 11b.