Singapore banks

SINGAPORE (Dec 1): UOB Kay Hian is maintaining Singapore’s banking sector on “overweight” as the recent boom in mobile payments is paving the way for Singapore to become a cashless society.

SINGAPORE (Sept 11): RHB says investors may have to temper their expectations that net interest margins is set to widen for all three Singapore banks.

SINGAPORE (Aug 31): When is something money and not just a cowrie shell? When you can pay taxes with it. Or that's the argument of chartalists, the folks who see the state's hand behind the origins of all manner of money.

SINGAPORE (Aug 22): Maybank Kim Eng is upgrading UOB to “buy” with a target price of $26.40 on pricing discipline and sensitivity to re-pricing intervals.

SINGAPORE (July 31): Singapore's total bank lending in June rose 7.6% compared to a year earlier, helped by increases in housing and bridging  loans, central bank data showed on Monday.

SINGAPORE (July 3): Maybank Kim Eng is maintaining its “neutral” recommendation on Singapore banks as valuations appear to be fair in view of tail risks from the Oil & Gas sector and stable net interest margins.

SINGAPORE (June 14): Maybank Kim Eng Research says it is optimistic that Singapore banks have some scope ahead to improve their liability management, which could result in higher net interest margins (NIMs).

SINGAPORE (May 31): The worst might be over for Singapore banks.

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

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.