Singapore banks

Sandyboy
2023-01-26

The 3 Singapore banks are the most loved stocks in Singapore. There are 3 factors to look for in a bank stock.

1. Credit growth

2. Deposit growth

3. Asset quality

When deposit grows the cost of funds of the bank goes down. When credit grows the bank can make interest earnings, this is nothing but loan book of the bank. And asset quality determines how much of loans the bank can recover without losses. 

Always look for these parameters in any bank stock. For singapore banks all these are healthy.

There are various other factors which may affect the bank like policy issues of cash reserves etc but these will affect all banks equally.

Banks also undertake other operations such as premium sector investment etc but these are usually factored to be always win win for the bank. 

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