The Business Times
Tan Nai Lun

Tan Nai Lun

CORRESPONDENT

Tan Nai Lun is a correspondent with BT, covering the banking and finance sectors. Nai Lun graduated from Nanyang Technological University with a double major in communications and business.

emailtnailun@sph.com.sg
email@NaiLunBT
Analysts remained positive on DBS and OCBC, given resilient results supported by strong non-interest income in the quarter.

UOB outlook lags that of DBS, OCBC amid spotlight on asset quality in Q3

Analysts remain positive on DBS and OCBC given resilient results supported by strong non-interest income

Asia has become the world’s fastest-growing financial hub, with private wealth projected to reach US$99 trillion by 2029.

Wealthy Asian families face succession woes as scions have different ambitions, mindsets: report

The preferences of the younger set should be factored into succession planning, and professionalisation is the pragmatic solution

OCBC’s net profit is flat at S$1.98 billion for its third quarter, beating the S$1.79 billion consensus forecast in a Bloomberg survey.

Impact of tariffs, trade restrictions not fully played out, but no systemic risk yet: OCBC

The bank has been able to navigate the uncertainty ‘quite well’, and still sees growth in sectors such as digital infrastructure: deputy...

Slug: pixocbc ST photo: Chong Jun Liang Generic photos of the new OCBC logo taken at OCBC Centre on August 4, 2023. ****** OCBC launched the refreshed logo a month ago. We need pix of the new logo (just a slight difference from the old one) for our files and for use with their 1H23 results briefing which will be held on Friday morning. Pls shoot as many different elements with their logo as we are doing this with full access and permission from OCBC. They are taking us to the 50th floor balcony to shoot the giant OCBC logos facing Raffles place and one facing Singtel Bldg. If there's time, pls shoot some generics too if the view is good, but updating the OCBC logo is priority. Please stay on for OCBC Bank First Half 2022 Results Briefing to shoot the key people announcing their results. 9:30 – 11:00am Venue : 50th floor, OCBC Centre (via lifts at West Lobby)

OCBC Q3 profit flat at S$1.98 billion, beats expectations

Net interest income down 9% at S$2.23 billion

Meanwhile, DBS’ total allowance stood at S$6.4 billion, comprising S$4.1 billion in general allowances and S$2.4 billion in specific allowances.

DBS general allowance ‘more than adequate’: CEO Tan Su Shan

Total allowance stands at S$6.4 billion, comprising S$4.1 billion in general provisions and S$2.4 billion in specific allowances

For Q3 2025, DBS’ net profit fell 2 per cent on year to S$2.95 billion, which beat the S$2.79 billion consensus forecast in a Bloomberg survey of six analysts.

DBS banks on deposit growth to keep income stable in 2026 as interest rates fall

CEO Tan Su Shan sees opportunities within the equities capital markets and debt capital markets, as corporates return to these segments amid...

FILE PHOTO: People use DBS automated teller machines (ATMs) in Singapore March 31, 2022. REUTERS/Caroline Chia/File Photo

DBS Q3 profit down 2% at S$2.95 billion; beats expectations

Total income hits a new high of S$5.93 billion

Singapore’s corporates, households and financial sector have stayed resilient amid strong financial positions, MAS said in its Financial Stability Review 2025.

Financial stability risks elevated despite resilient global economy, strong investment sentiments: MAS

Singapore corporates, households, financial sector stay buoyant amid robust financial positions

“The last five years we’ve seen a lot of growth here (in Asia), and we have a very constructive outlook for the next five years," said Jin Su, BofA’s president of Asia-Pacific and head of Asia-Pacific global markets.

Bank of America’s Asia-Pacific president sees a silver lining in US dollar volatility

Investments in South-east Asia to flow to digital infrastructure, data centres, healthcare, says BOA’s Jin Su

CMG20250721-NgohSB01/吴先邦/吕爱丽, 龙彦如/ Doorstop Interview with Minister Chee Hong Tat and Background Media Briefing on Equities Market Review Group's Updates[MAS Building, Level 29 10 Shenton Way Singapore 079117]generics of MAS logo

Singapore not aiming for Singdollar to be reserve currency: MAS’ Chia Der Jiun

It has safe‑haven appeal and other attributes of a reserve currency, but lacks scale, analysts say

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