fixed deposit (FD)

Broker's Calls

Maybank positive on Singapore banks despite rising rates; UOB is its top pick

SINGAPORE (May 22): Maybank Kim Eng is remaining “positive” on Singapore’s banking sector in spite of rising fixed deposit (FD) rates as it continues to anticipate catalysts from NIM expansion, higher loan growth and fee income.

Broker's Calls

Singapore banks kept at 'negative' by Maybank

SINGAPORE (May 30): Maybank Kim Eng is keeping its “negative” rating on the local banking sector due to slowing slowing topline growth, rising non-performing loans and capital constraints.
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