News
RETAIL BANKING | Staff Reporter, Singapore
view(s)

DBS, UOB, OCBC must brace for nastier net interest income pressures

Don't neglect an analyst's warning.

Barclays analyst Sharnie Wong expects ongoing pressure on net interest income for the Singapore banks due to: 1) slowing loan volumes driven by weakening corporate loan demand; and 2) lower margins driven by fierce loan and deposit competition.

"As loan growth slows, the Singapore banks’ abundant liquidity will likely become an increasing drag on margins. We turn neutral on the Singapore banks sub-sector (from positive previously), which is in line with our Neutral view for the Asia-ex Japan Banking industry," she adds. 

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.