Singapore banking sector

Bloomberg Intelligence sees ‘flattish’ y-o-y growth for Singapore banks’ housing loans - THE EDGE SINGAPORE

Broker's Calls

Bloomberg Intelligence sees ‘flattish’ y-o-y growth for Singapore banks’ housing loans

The asset quality of Singapore banks may outshine its peers in Hong Kong, add the analysts.
Singapore banks may prioritise funding-cost strategy as rates fall, says Bloomberg Intelligence - THE EDGE SINGAPORE

Broker's Calls

Singapore banks may prioritise funding-cost strategy as rates fall, says Bloomberg Intelligence

Banks are already starting to cut their interest rates; UOB and Standard Chartered have introduced new rates effective May 1.

Broker's Calls

Singapore banks’ overall property loan portfolios could remain ‘solid’ in 2024: Bloomberg Intelligence

In a separate note, analyst Rena Kwok writes that Singapore banks face low liquidity risks in 2024.

Broker's Calls

RHB stays ‘neutral’ on Singapore banks as sector braces for tougher times ahead, names DBS as top pick

Income growth could be a challenge amid elevated rates, the analysts highlight.
Hong Kong bankers earn up to 46% more than their Singaporean peers - THE EDGE SINGAPORE

Banking & finance

Hong Kong bankers earn up to 46% more than their Singaporean peers

The wage difference could prove an advantage for struggling Hong Kong against its long-time rival.

Broker's Calls

UOB Kay Hian downgrades Singapore banking sector to ‘market weight’ amid anticipated interest rate downcycle

OCBC is analyst Jonathan Koh’s top pick due to its commitment to maintaining its 50% dividend payout ratio.
From one war to two: OCBC expects slower loan growth, sustained NIMs after 3QFY2023 - THE EDGE SINGAPORE

Banking & finance

From one war to two: OCBC expects slower loan growth, sustained NIMs after 3QFY2023

OCBC's group CEO Helen Wong says she expects the bank’s current NIMs to hold steady through 1HFY2024 ending June 2024.
What analysts expect from the 3Q results of banks - THE EDGE SINGAPORE

Banking & finance

What analysts expect from the 3Q results of banks

Competition for loans is expected to continue to intensify as mortgage rates dip below 3-month Sora

Banking & finance

Credit quality of OCBC’s SME loans may be risk to the bank

"Default trends will have to be watched as SMEs’ loan payment in Singapore weakened further in 2Q2023": analyst Rena Kwok.

Banking & finance

DBS offers better risk-reward with NIM and dividend

Based on the results of the local banks, DBS Group Holdings’ 2QFY2023 ended June results exceeded the expectations of analysts.
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