Singapore Banks Still Going Strong

Sarah Jane Mahmud, Senior Analyst, ASEAN Financials, Bloomberg Intelligence

10-Aug-23 07:30

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The trio Singapore banks of DBS, OCBC and UOB have all concluded their second quarter earnings recently with record profit thanks to rate hikes. We speak to Sarah Jane Mahmud of Bloomberg Intelligence for her take on which bank is outpacing peers and whether growth prospects are sustainable amid weak global economic conditions.

Image Credit: Shutterstock

Produced by: Moh Heng Ying

Presented by: Shazana Mokhtar, Philip See, Mark Tan

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Categories: economy, markets

Tags: singapore bank, investing, uob, dbs, ocbc,

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