Singapore banks set for expansion in net interest margins, higher dividends in 2022
The local banks' portfolios are expected to benefit from the Federal Reserve's earlier-than-expected tightening cycle, say analysts
Add BT as a preferred source
Singapore
AS higher interest rates loom, Singapore banks are poised to make more money from lending this year, with the current liquidity flush providing a further bump to net interest margins (NIMs) - a key measure of profitability.
Higher dividend payouts are also on the cards due to the sector's strong capital levels and a benign credit cost outlook.
TRENDING NOW
UOB CEO’s youngest child Grant Wee turns burnout into a wellness business
Wanted: 100 AI specialists, 100 wealth relationship managers at HSBC Singapore
China chipmaker CXMT jumps 472% in debut after US$9.8 billion IPO
Temasek should publicly state its position on the long-rumoured CapitaLand-Mapletree merger
