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Surprises unlikely in S'pore banks' Q4 results: analysts

Resilience of lenders' strong loans growth in 2013 to be among the areas of focus

Published Tue, Feb 4, 2014 · 10:00 PM
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THE three local banks will be releasing their fourth-quarter results next Friday - on Valentine's Day - an unusual alignment but a coincidence at best, according to one banker.

While it may be a day of romance and passion for some, analysts say they expect the banks' earnings to be rather more prosaic, and surprises are unlikely.

Factors roiling the markets, such as tapering and worries over the deteriorating political situation in Thailand, started only in late December, and their impact is not likely to be reflected in the results.

DBS Group Holdings may present the best set of results for Q4, with double-digit profit growth from a year ago. OCBC Bank may have to contend with volatility from its insurance unit,…

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