DBS CEO says comfortable with quality of China loan book

April 30 Tue Apr 29, 2014 10:50pm EDT

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April 30 (Reuters) - The chief executive of DBS Group Holdings said on Wednesday he feels quite comfortable with the quality of the bank's loan book in China.

Piyush Gupta made the comment at a media conference after the lender reported a better-than-expected first quarter net profit of S$1.03 billion ($820.4 million).

($1 = 1.2555 Singapore Dollars) (Reporting by Saeed Azhar; Editing by Paul Tait)