Secondly, firmer NIM levels could be expected in 4Q17 as SIBOR/SOR finally edge up more visibly over the quarter.
SINGAPORE (Oct 25): DBS is upgrading UOB to “buy” with higher target price of $26.90 saying its time for the lender’s fortunes to turn.
Firstly, the property market – seen to be a proxy for UOB’s share price movement – is recovering.
