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Non-Performing Loans (NPLs)
Broker's Calls
Maybank Kim Eng expects Singapore banks' 3Q2020 trading update to be 'less bad, but not great'
UOB will be the first to report its quarterly results on Nov 4, while DBS and OCBC will release theirs on Nov 5.
October 20, 2020
Broker's Calls
OCBC expected to report solid set of 4Q results, says UOB
SINGAPORE (Jan 17): UOB Kay Hian is maintaining its “buy” call on OCBC with a target price of $14.88 given the bank is expected to report a “solid set of results” for 4Q17.
January 17, 2018
Broker's Calls
OCBC kept at 'buy' on steady earnings growth in 3Q
SINGAPORE (Oct 10): UOB Kay Hian is keeping its “buy” call on Oversea-Chinese Banking Corporation (OCBC) with a target price of $13.38 given expectations the bank could report steady earnings growth for the third quarter of 2017.
October 10, 2017
Broker's Calls
Battle of the banks: Which makes a better ‘buy’?
SINGAPORE (June 8): UOB Kay Hian is remaining “overweight” on Singapore’s banking sector after reviewing the city state’s three banks based on asset quality as well as ability to generate pre-provision operating profit (PPoP).
June 08, 2017
Rising NPLs should be viewed in the right perspective: MAS’s Menon
SINGAPORE (May 29): Rising non-performing loans (NPLs) must be viewed in the right perspective, says Ravi Menon, Managing Director of Monetary Authority of Singapore (MAS).
May 29, 2017
Just when you thought Singapore’s O&G woes were over, they’ve surfaced again
SINGAPORE (March 21): Maybank Kim Eng Research believes profits for all three of Singapore’s main banks may fall by 3-8% this FY17E, given the estimated $217-748 million of total claims and borrowings to the beleaguered oilfield services firm, Ezra Hold
March 21, 2017
Singapore banks’ exposures to Ezra ‘lower than expected’
SINGAPORE (March 20): UOB KayHian says it is keeping to its conservative 2017 earnings forecast for Singapore’s banking sector, which is 6% below consensus estimates for DBS and 7% below consensus estimate for OCBC.
March 20, 2017
Broker's Calls
Is DBS really past the worst of its O&G loan woes?
SINGAPORE (Feb 17): DBS Group chief executive officer Piyush Gupta believes the bank has seen the worst of its woes from loans to troubled companies in the oil and gas support services sector.
February 17, 2017
Broker's Calls
Which bank will be hardest hit in the event of Ezra’s liquidation?
SINGAPORE (Feb 3): CIMB Research remains “underweight” on Singapore banks given that asset quality concerns still loom, especially since Ezra Holdings today announced the possibility of a US$170 million ($240 million) writedown.
February 03, 2017
Broker's Calls
The O&G nightmare is lifting from Singapore’s banking sector
SINGAPORE (Nov 30): UOB Kay Hian is keeping its “overweight” call on the Singapore banking sector while maintaining its “buy” recommendations on DBS Group and Oversea-Chinese Banking Corp (OCBC) at target prices of $20.15 and $10.45 respectively.
November 30, 2016