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Singapore banks
Broker's Calls
RHB keeps 'overweight' rating on Singapore banks; sees overall earnings to improve by 20% y-o-y in FY2023
Among the banks, RHB prefers DBS for its higher NIM sensitivity to interest rate changes, and OCBC, given its cheaper valuation.
January 09, 2023
Broker's Calls
DBS keeps 'buy' on UOB and OCBC while largely positive on Singapore banks
Lim observes that the banks’ net interest income (NII) will bolster 2QFY2022 earnings as NIM continue to expand
July 25, 2022
Broker's Calls
CGS-CIMB remains 'overweight' on banking sector on anticipated margin expansion
The recommendation comes after deposits in April rose by 2.9% m-o-m, the highest since August 2021.
June 01, 2022
Broker's Calls
UOB Kay Hian sees 'strong support' for DBS and OCBC at $30 and $11 respectively amid geopolitical uncertainties
The brokerage has kept "buy" on DBS and OCBC with TPs of $35.80 and $15.10 respectively.
March 11, 2022
Broker's Calls
RHB stays 'overweight' on Singapore banks with UOB as top pick
UOB is RHB's top pick for the Singapore banking sector, while DBS has replaced OCBC for the second spot.
November 15, 2021
Broker's Calls
Singapore banks’ 3Q21 earnings to hold steady: CGS-CIMB
CSG-CIMB's top pick for the sector is UOB.
October 19, 2021
Global Economy
Briefs: Fed taper could start 'soon', local banks have no direct exposure to Evergrande
Read the highlights for this week.
September 23, 2021
Broker's Calls
RHB stays 'overweight' on Singapore banks with UOB and OCBC as preferred picks
RHB remains positive on Singapore banks over the next 12 months given healthy sector fundamentals.
September 16, 2021
Broker's Calls
Singapore banks 'neutral' as impact of lifted dividend cap ends: CGS-CIMB
"There is still ample liquidity in the system."
September 01, 2021
Banking & finance
MAS lifts dividend restrictions on local banks and finance companies
MAS says local banks and finance companies are in a strong position to support the economic recovery.
July 28, 2021