NPL

Analysts warn of Singapore experiencing “one of the strongest contractions in the region” due to its open and trade-driven economy

The three local banks have taken slightly different approaches to pro-visioning and dividends. Credit costs are allowances or provisioning for both impaired and non-impaired loans. The relationship between how these allowances are cal

 In addition to the stimulus packages, policy interest rates are falling. Singapore’s exchange rate policy and the easing for the SGD NEER leading to a weaker Singapore dollar may limit the decline in local rates.

SINGAPORE (Nov 2): UOB Kay Hian remains bullish on DBS Group, maintaining a “buy” call with a target price of $18.98, despite the bank’s exposure to the oil and gas industry.