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.
