Singapore’s banking sector has lengthy been a supply of satisfaction and revenue for native traders, with DBS, UOB, and OCBC constantly outshining their friends on the Straits Occasions Index. Nevertheless, current Q2 earnings experiences coupled with the Fed’s hints at potential rate of interest cuts have left traders pondering: Which of those blue-chip giants is finest poised to navigate the shifting market tides? On this deep dive, we’ll analyse every financial institution’s earnings, technique, and outlook that can assist you select the most effective funding on your portfolio. 
DBS: Sturdy Q2 outcomes amid management transition
DBS delivered one other excellent quarter. Its spectacular 18.2% return on fairness(ROE) additional solidifies the financial institution’s robust efficiency. Complete revenue additionally noticed a wholesome 9% increase, reaching SGD 5.5 billion. It’s successful story throughout the board. Industrial ebook web curiosity revenue is up, because of stability sheet progress and improved margins. Price revenue hit a document excessive,…
