Singapore banks

“Our positive view on Singapore banks rest on their attractive dividend yields of above 5%, which differentiate them from their regional peers,” says UOB Kay Hian lead analyst Jonathan Koh.

SINGAPORE (Dec 23): RHB Group Research is remaining “neutral” on the local banks, as the combined net profit of the three banks – DBS, UOB and OCBC – are forecasted to be flat y-o-y in 2020.

SINGAPORE (Sept 26): Maybank Kim Eng Research forecasts that the Singapore banks will deliver a dividend yield of 5.2% for FY2020E – among the highest in the region.

 

SINGAPORE (June 25): DBS Group Research is retaining United Overseas Bank (UOB) as its top pick among Singapore banks while Oversea-Chinese Banking Corporation (OCBC) has been downgraded to “hold” with a target price of $11.50.

SINGAPORE (June 20): The Monetary Authority of Singapore (MAS) is studying the potential for opening the doors to “digital-only banks with non-bank parentage”.

SINGAPORE (June 3): CGS-CIMB Research is keeping United Overseas Bank (UOB) as its top pick among the Singapore banks, despite the bank’s NIM expansion underperforming compared to its peers.

SINGAPORE (Apr 15): RHB Group Research is maintaining its “overweight” call on Singapore banks, after the Monetary Authority of Singapore (MAS) on Friday kept its monetary policy settings unchanged amid a worsening global growth outlook and low inflat

SINGAPORE (Feb 13): Maybank Kim Eng remains positive on the outlook of Singapore’s banking sector, with DBS and United Overseas Bank as its top picks for their gearing towards better net interest margins (NIMs) as well as better dividend-yield visibilit

SINGAPORE (Feb 1): Banks are increasingly turning into yield plays, which tend to do well when interest rates are not rising sharply.