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BANK EARNINGS

Singapore banks may see margin squeeze in Q3

Analysts keeping an eye on non-performing loans, given the weaker global economic environment

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UOB will open the results season for the three banks, announcing its results on Nov 1. This will be followed by OCBC on Nov 5. DBS will cap off the earnings season for banks on Nov 11.

Singapore

MARGINS for the three Singapore banks are likely to be squeezed in the third quarter as the Singapore Inter-bank Offered Rate (Sibor) tracks south in line with the Fed's rate movement, even as loan growth is expected to remain steady.

With the Singapore trio due to report...

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