You are here

SWIBER FALLOUT

Moody's: UOB, OCBC face further squeeze on asset quality

Ratings agency says this in report on the two Singapore banks' H1 results; DBS results due before market opens on Aug 8

Singapore

THE first-half financial results of Oversea-Chinese Banking Corp (OCBC Bank) and United Overseas Bank (UOB) show further weakening in their asset quality and profitability, says ratings agency Moody's. And this reflects the persistent challenges they face and underpins the

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom