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HOCK LOCK SIEW

Are S'pore banks underloved?

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The three local banks continue to underperform with DBS the worst off.

THE three local banks continue to underperform with DBS the worst off. Year to date DBS is down 8 per cent while United Overseas Bank (UOB) is 5 per cent lower and OCBC has lost 3 per cent. The benchmark Straits Times Index is down 2 per cent for the same period. A yield of around 4 per cent

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