Interest rate has been dropping, bank profit will definitely be affected. Dont believe, just google "fed interest rate vs bank stock price"
Of course, if bank can evolve digitally and manage more streams of revenue, it will have chance to grow.
For now, i dont see a long term uptrend.
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- Appliance·02-05Whether interest is high or low DBS can still make lots of profit. For example, 2015 where interest rate is at record low, DBS made a handsome profit of SGD 4.45 billion.1Report