Banking On A Changing Landscape
Sarah Jane Mahmud, Senior Financial Services Research Analyst, Bloomberg Intelligence
13-Aug-24 07:30
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Singapore’s three domestic banks, DBS, UOB, and OCBC, are facing a shift in their earnings trajectory, as they grapple with narrowing net interest margins and slower lending growth. Sarah Jane Mahmud, a senior analyst at Bloomberg Intelligence shares her outlook for the sector amid a potential US rate cut, the recent market volatility and ongoing geopolitical tensions.
Image Credit: shutterstock.com
Produced by: Tun Hizami Hashim
Presented by: Wong Shou Ning, Shazana Mokhtar, Keith Kam
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Tags: singapore banking sector, uob, dbs, ocbc bank,