BRIEF-DBS Group Holdings Says 2020 NIM Expected To Decline By About 7 BPS

Nov 11 (Reuters) - DBS Group Holdings Ltd:

* SEES 2020 LOAN GROWTH SIMILAR TO 2019

* 2020 NIM EXPECTED TO DECLINE BY ABOUT 7BPS

* SEES 2020 CREDIT COSTS SIMILAR TO 2019

* SEES LOW-SINGLE-DIGIT INCOME GROWTH IN 2020

* 3Q LOAN GROWTH SLOW DUE TO GLOBAL AND COUNTRY-SPECIFIC FACTORS

* THREE RATE CUTS WILL LEAD TO FULL-YEAR NIM BELOW GUIDANCE

* DBS HONG KONG PERFORMANCE RESILIENT Source text for Eikon: Further company coverage: