Singapore Banks Facing Earnings Stumble as Bad Loans, Sibor Bite
- Largest lenders may boost provisions for nonperforming loans
- Drop in interbank borrowing costs may drag on interest margins
This article is for subscribers only.
Earnings reports due soon from Singapore’s largest banks may show their second-quarter profits were crimped by higher buffers for soured loans and a faltering rally in domestic interest rates.
Here are five charts illustrating the themes that may emerge out of the reports from DBS Group Holdings Ltd., Oversea-Chinese Banking Corp. and United Overseas Banking Ltd.: