Singapore banks may shop for buys as fears over bad debts recede
Growing focus on regional growth strategy as business conditions improve; DBS, OCBC among banks set to bid for Citi's consumer assets up for sale
Singapore
EYES will be on Singapore banks' acquisition plays in the region as the trio release their first-quarter results, with asset quality largely stable following the expiry of debt holidays.
There is growing focus on the banks' regional growth strategy as business conditions improve. DBS and OCBC are among banks set to bid for Citi's consumer assets up for sale in Asia. DBS also recently made its largest acquisition in China, with a new stake in Shenzhen bank.
TRENDING NOW
Fed hike throws Singapore banks a margin lifeline; UOB likely to benefit more
He built the Vingroup empire. Now South-east Asia’s richest man is handing some key roles to his sons
From Haidilao to Oriental Kopi: How some of Asia’s favourite F&B players are faring in 2026
Floods compound Philippine growth woes from public-works scandal
