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Revisions

MAS to keep neutral policy stance unchanged in coming statement: RHB

Singapore economy

MAS to keep neutral policy stance unchanged in coming statement: RHB

PC Lee Published on Wed, Apr 04, 2018 / 5:37 PM GMT+8

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SINGAPORE (Apr 4): RHB likes UOB given its strong balance sheet and year-to-date share price underperformance compared to the other two banks.

Singapore interest rates have risen over the month of March. The three-month SIBOR recently rose to 1.51% from 1.37% while SGD fixed deposit rates from Singapore banks also rose 17-30 bps.

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