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DBS Group (DBS)

Maybank Kim Eng expects Singapore banks' 3Q2020 trading update to be 'less bad, but not great' - THE EDGE SINGAPORE

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.

5 revelations from Singapore banks’ 1Q results

SINGAPORE (May 12): The 1Q 2017 financial results of Singapore’s three largest banks by assets – DBS Bank, Oversea-Chinese Banking Corp and United Overseas Bank – reveal a moderation in their asset risk and an improvement in overall profitability, s

In print this week

Banks lead hot stocks with breakout

SINGAPORE (May 5): Banks are at new multi-year highs and have underpinned the Straits Times Index, helping it to a new 2017 and 12-month high.
Singapore banks

Broker's Calls

DBS the only ‘buy’ ahead of Singapore banks’ 3Q results: Deutsche

SINGAPORE (Oct 26): Deutsche Bank Markets Research says it expects “little change” in the fortunes of Singapore banks in their upcoming 3Q16 earnings announcements on the back of slowing revenue momentum.

Market Close

STI closes 0.9% higher at 2,856.68

SINGAPORE (Oct 24): Singapore stocks ended higher on Monday, tracking gains seen in other Asian markets.
Singapore banks

Broker's Calls

Singapore banks ‘underweight’ amid fears of worsening asset quality

SINGAPORE (Oct 19): CIMB is keeping its “underweight” rating on Singapore banks amid worries over further worsening in asset quality, ahead of the local banks’ 3Q earnings announcements.

1MDB Watch

DBS too comes under MAS anti-money laundering probe

SINGAPORE (July 18): DBS Group is also under scrutiny by the Monetary Authority of Singapore (MAS) to determine whether it broke anti-money laundering rules in handling transactions linked to scandal-hit Malaysian state fund 1MDB, three people with knowle

8 Asia-Pacific banks to withstand the credit-cycle downturn: Fitch Ratings

SINGAPORE (June 21): Fitch Ratings expects the eight strongest banks in Asia-Pacific to “maintain sound profiles despite the current credit-cycle downturn”.
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