Singapore banks

BT EXPLAINS

What are significant risk transfers – and why is DBS reportedly considering them?

Analysts say that other banks in Asia, including OCBC and UOB, could eventually explore similar deals

DBS’ quarterly dividend per share is expected to go up by S$0.06 to S$0.66 from Q4 FY2025.
BROKERS’ TAKE

UOBKH rates top pick DBS a ‘buy’ on 5.6% yield

It also upgrades the overall banking sector to ‘overweight’ and keeps its ‘buy’ call for OCBC

DBS, OCBC and UOB will continue to explore ways to return excess capital to shareholders, such as through dividends and share buybacks, note analysts.
OUTLOOK 2026

Fee income, recovery in loan growth are key drivers for Singapore banks in 2026

But analysts expect overall results to be flattish or lower, weighed down by net interest income

"If you have processes that don’t work well, but you’ve got good people, they’ll know how to fix it and get things done right," said Lee Lung-Nien, Citi country officer and banking head for Singapore.

Citi’s new Singapore chief Lee Lung-Nien on legacy and leading at home

‘I want to be remembered as a good mentor,’ says the 35-year Citi veteran

GXS had tried to streamline its operations through staff attrition, but “the pace of organic reshaping has been slower than expected”, says CEO Lai Pei-Si.

Grab-Singtel’s GXS bank cuts about 10% of workforce as it moves on from early-stage operations

Loss of 82 jobs part of the group’s transition from building a bank to running the operations: CEO Lai Pei-Si

Even as AI boosts productivity, OCBC is preparing for a deeper technological shift, says Praveen Raina, the bank’s head of group operations and technology.
THE BANKER

Why AI is now embedded ‘in almost everything we do’: OCBC’s Praveen Raina

The bank is investing in talent and expanding research partnerships with universities

Regulatory bodies, industry groups or regional coalitions may now have to step up to get more banks to adopt NZBA’s net-zero guidance, so that the region continues to have comprehensive standards, say observers.

Regulators, industry groups may need to fill gap left by closure of climate banking alliance, say observers

In the absence of separate scrutiny, the onus also falls on banks themselves to be transparent

Some analysts upgrade OCBC to a “buy” call from “hold” and raise their target prices.

UOB outlook lags that of DBS, OCBC amid spotlight on asset quality in Q3

Analysts remain positive on DBS and OCBC given resilient results supported by strong non-interest income

The sheer size of UOB’s allowances in Q3 2025 suggests it is trying to “kitchen sink” the problem of higher NPLs
MARK TO MARKET

UOB could be Singapore’s top ‘value-up’ play

DBS likely to outperform despite its seemingly high valuations, while OCBC may come to be viewed as the main value play among the 3 Singapore banks

A congressional impasse has resulted in what is now the longest-ever US government shutdown.

Markets rise through shutdown fog but will it last?

Is AI all hype or the next big breakthrough? Howie Lim and Providend's Cheng Chye Hsern cut through the noise on AI’s future, the US government shutdown, and local bank earnings.