Citi analyst Robert Kong said Q2 is likely to be the quarterly earnings trough for DBS and UOB. He is looking at DBS's Q2 profit falling 37 per cent year-on-year; OCBC, 29 per cent; and UOB, 39 per cent.
PHOTO: BT FILE
MOUNTING concerns over asset quality are likely to take centre stage at the upcoming quarterly results of Singapore's banking trio as companies brace for a prolonged crisis.
With businesses facing a triple whammy of lockdowns, a deep recession and the gradual unwinding of...