🎁SG Banks Well Performed in Q422: DBS, UOB & OCBC Highlights!
@SGX_Stars：
Today, we hear more from Beansprout, a MAS-licensed investment advisory platform offering expert insights on Singapore stocks, REITs, ETFs and bonds. Gerald Wong, founder and CEO, shares his thoughts on market developments. Q: The results of Singapore banks are always closely watched. What are some of the key takeaways from the results? Share your insights on banks services and stocks potential to win Tiger coins. [Miser]From Gerald, founder and CEO of Beansprout:SG Local banks reported stellar results for 4Q22, ending the year with strong performance. All three declared higher dividends, as their interest income grew solidly on the back of interest rate hikes.Data from trading viewNet interest income drove higher profits. The strong earnings for 4Q22 was driven by an increase in net inter