banks

Singapore banks have 'clear signs for sustained rerating': DBS - THE EDGE SINGAPORE

Broker's Calls

Singapore banks have 'clear signs for sustained rerating': DBS

DBS thinks that banks here are poised to benefit from the Fed rate hike.
HSBC's CEO paints bullish outlook after profit beats estimates - THE EDGE SINGAPORE

Results

HSBC's CEO paints bullish outlook after profit beats estimates

"We believe that the lows of recent quarters are behind us." HSBC CEO Noel Quinn

Right Timing

Hongkong Land’s NAV needs to rise for further price gains; banks could rebound

Hongkong Land's NAV needs to rise for any further price gain as P/NAV meets resistance at 0.33
UBS hopeful dividends will be reinstated for local banks as they focus on growth  - THE EDGE SINGAPORE

Zest

UBS hopeful dividends will be reinstated for local banks as they focus on growth

UBS expects banks to reinstate dividends, as they focus on growth and NIMs
Why 2021 will be a major test for consumers and banking sector - THE EDGE SINGAPORE

Disruption and Digitalisation

Why 2021 will be a major test for consumers and banking sector

As the world reels from the impact of Covid-19, the future of banks will depend on their willingness to transform and innovate.
WWF sustainable banking assessment finds 'significant level of progress' among Asean banks - THE EDGE SINGAPORE

Sustainability

WWF sustainable banking assessment finds 'significant level of progress' among Asean banks

Almost 30% of the banks have improved on at least 10% of the assessment criteria from 2019.
MAS launches $35 mil grant to help financial institutions adopt digital solutions for data reporting - THE EDGE SINGAPORE

Disruption and Digitalisation

MAS launches $35 mil grant to help financial institutions adopt digital solutions for data reporting

The grant is currently applicable to banks, and will subsequently include insurers and capital market intermediaries.

Investing ideas

Banks avert cliff scenario with loans moratorium; earnings stabilise and P/NAV at 10-year lows

Banks' credit costs stabilise as they exit loan moratoriums smoothly. Their price to book ratios are at 10 year lows.
Banks to work closely with affected customers on funding and refinancing solutions: ABS - THE EDGE SINGAPORE

Zest

Banks to work closely with affected customers on funding and refinancing solutions: ABS

ABS says banks would continue to consider credit accommodations among other things.
MAS discontinues $1,000 notes to pre-empt money laundering and terrorism financing risks - THE EDGE SINGAPORE

Singapore economy

MAS discontinues $1,000 notes to pre-empt money laundering and terrorism financing risks

MAS says it will discontinue the issuance of the note from Jan 1, 2021.
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