Singapore Banks Poised for Stronger Earnings Recovery -- Market Talk
Dow Jones03-10
0207 GMT - The Singapore banking sector is likely to post a slightly stronger earnings rebound of 5% growth on year, driven by higher non-interest income and lower credit costs, RHB Research analysts write in a report. Banks are guiding for high single-digit non-interest income and fee income growth, they say, noting positive inflows and investor sentiment are expected to further support wealth management fees. RHB maintains a neutral rating on the sector, pegging DBS Group and Oversea-Chinese Banking Corp. as its top picks. (amanda.lee@wsj.com)
(END) Dow Jones Newswires
March 09, 2026 22:07 ET (02:07 GMT)
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