$DBS GROUP HOLDINGS LTD(D05.SI)$Fitch peer reviewed DBS, OCBC, and UOB in a new report.
This chart from Fitch peer-reviewed the asset quality of the DBS, OCBC, and UOB.
Fitch expects asset quality to remain steady, as the banks’ non-performing loan (NPL) ratios were stable in the range between 1.3% to 1.6% at end of the first quarter of 2022, even as almost all of their loan portfolios have exited relief programmes related to the pandemic.
The banks have exposure to Russia and Ukraine however, Fitch said that these have insignificant effects on their portfolios.
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