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Bloomberg Intelligence
Broker's Calls
Singapore banks’ net bond supply could be negative in 2024, thanks to 'low' refinancing needs, 'solid' capital cushions
DBS will be the first to report its results for FY2023, on Feb 7. UOB will follow on Feb 22 and OCBC a week later on Feb 28.
January 22, 2024
Zest
Singapore's banks face muted growth in prized mortgages this year
Singapore banks' mortgages may end 2024 with flat to low-single-digit growth, say Bloomberg Intelligence analysts.
January 10, 2024
Zest
Credit quality of OCBC’s SME loans may be risk to the bank
"Default trends will have to be watched as SMEs’ loan payment in Singapore weakened further in 2Q2023": analyst Rena Kwok.
September 15, 2023
Broker's Calls
UOB’s credit cards’ contribution to fee income could see highest y-o-y growth thanks to Taylor Swift concert: Bloomberg
For all three Singapore banks, credit cards could become a ‘bright spot’ for fee income this year.
July 25, 2023
Broker's Calls
Impact of Basel IV on Singapore banks ‘manageable’: Bloomberg
Capital in Singapore banks looks to remain ‘robust’ in second half of the year as well, says Bloomberg Intelligence's Rena Kwok.
July 13, 2023
Digital Economy
Southeast Asian GMV may grow 15% a year in 2022 – 2030 to exceed US$400 bil, says Bloomberg Intelligence
Sea Limited is expected to reach a full-year breakeven before Grab and GoTo, says analyst Nathan Naidu.
June 20, 2023
Zest
Liquidity risks low for Singapore banks though funding costs will rise in 2H2023: Bloomberg Intelligence
Singapore’s lenders’ LCR ratios remain healthy as at 1QFY2023 despite the rising interest rates, say the analysts.
June 16, 2023
Property
Singapore’s housing prices and rental growth could slow in 2H2023: Bloomberg Intelligence
Office rents could rise less than 2% in 2H2023 and grow up to 4% in 2023.
June 15, 2023
Broker's Calls
Non-interest income recovery the next growth lever for local banks: CLSA
Non-interest income is roughly a third of total income for the banks.
May 18, 2023