To

accurately assess a bank’s performance, it is important to compare it with its

competitors, as this provides a clearer understanding of its market position,

efficiency, and profitability relative to industry peers.

The Oversea-Chinese Banking Corporation Limited (OCBC) was established in 1932, and is one of the oldest financial institutions in Singapore. 

The table below provides

the Average Total Assets, Average Total Equity, Return on Assets (ROA), Return

on Equity (ROE), and Net Interest Margin (NIM) for OCBC for the

years 2020 to 2023.

Based on the computed percentage

change between 2020 and 2023 for DBS Group Holdings Ltd, compare the percentage

change in Return on Assets (ROA) with that of its competitor, OCBC.

Indicate whether the percentage change in ROA for DBS is HIGHER or LOWER than

that of OCBC.

Instructions: You MUST only type

HIGHER

or LOWER