Analysts not expecting surprises from local banks
Add BT as a preferred source[SINGAPORE] Analysts do not expect major surprises from the three local banks' second-quarter results. So what will they be looking out for?
Top of the scrutiny list would be disclosures on their China exposures and Asean businesses.
Increasingly, the trio - DBS Group Holdings, OCBC Bank and United Overseas Bank - are seeing their profit driven by their non-Singapore operations. Still, core earnings are likely to remain stable with loan growth expected at 2-3 per cent during the quarter.
TRENDING NOW
Digital Realty, STT GDC among data centre operators awarded 50 MW of new capacity in Singapore
Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain
When every phone becomes a satellite phone, what happens to Asia’s telcos?
‘How come you’re so young?’: Gen Z couple takes on Singapore’s established bullion dealers
