Singapore banks

SINGAPORE (March 3): United Overseas Bank has replaced DBS Group as CIMB Research’s top pick among the Singapore banks sector.

SINGAPORE (Jan 20): Daiwa Capital Markets says banking on Singapore banks could be investors’ best play amid global market jitters as Donald Trump begins his presidency on Jan 20.

SINGAPORE (Jan 18): DBS Group recently announced that it had successfully priced the issue of 750 million euros in fixed rate covered bonds due in 2024 under its US$10 billion ($14.2 billion) Global Covered Bond Programme. The bonds will have a fixed coup

SINGAPORE (Jan 4): Maybank Kim Eng has reiterated its “negative” rating on the Singapore banking sector as November’s banking system data proved to be “uninspiring”.

SINGAPORE (Jan 3): Singapore banks are expected to benefit from the increase in interest rates along with the Fed’s rate hike in December.

SINGAPORE (Dec 19): Singapore banks are set to see net interest margins (NIM) and earning rise in the year ahead, on the back of impending interest rate hikes.

SINGAPORE (Dec 8): Asset quality pressures remain for Singapore banks in 2017 even as share prices have climbed on the back of the higher Singapore Interbank Offered Rate (SIBOR) and Swap Offer Rate (SOR) post-Trump’s victory, says CIMB.

SINGAPORE (Dec 5): Maybank Kim Eng is keeping its “negative” rating on the Singapore banks sector, despite local banks DBS, OCBC and UOB rallying between approximately 8-18% since Donald Trump’s US presidential election victory in Nov.

SINGAPORE (Nov 30): UBS Global Research does not expect the recent share price rally of Singapore banking stocks to be sustainable.

SINGAPORE (Nov 25): Maybank Kim Eng is keeping its “negative” rating on the Singapore banks sector as the US dollar continues to climb against regional currencies.