Jul 29, 2019 / 03:30AM GMT
Operator
Thank you. Over to you.
Piyush Gupta - DBS Group Holdings Ltd - CEO & Executive Director
So hello, everybody, and welcome to our second quarter session for the buy and sell side. We'll go straight into Q&A. I'm going to ask those in the room. Does anybody? Yes.
Questions and Answers:
Unidentified Company Representative -I'll just ask -- I just wanted to clarify or make sure that I get it right what you're saying on loan MAS charge.
So [the other split here is] Obviously, below the cycle average loan discharged, this looks very cheap.
And then as we go forward, you're obviously, talking about -- there's a possibility you'll get some recoveries. So you're saying over the next 2 or 3 years, you can also keep loan MAS charge below the -- through the cycle average.
Piyush Gupta - DBS Group Holdings Ltd - CEO & Executive Director
Actually we've got 2 or 3 things happening here. One, we were very conservative in provisioning. And so we really built
Trustpilot
