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Published Tue, Nov 3, 2015 · 09:50 PM

    Singapore Banks | Overweight

    CIMB Research, Nov 2

    The Q3 2015 results season featured slowing loan growth, minor expansion in lending spreads, weak capital market-related fees and rising credit costs. In our universe, UOB delivered steepest earnings outperformance in Q3 2015, mainly from one-off investment gains. DBS and OCBC were in line with our expectations.

    Singapore banksSingPostSIA Engineering

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