Traditionally, DBS is the biggest beneficiary of higher interbank rates due to the historical acquisition of POSB, making her the biggest deposit base with the lowest loan deposit ratio. However we have seen in recent years that the wealth management areas has become the most important part of profit and will continue to be. This is also true of the other 2 local banks. Thus, with the integration of GE into OCBC, I would pitted OC ahead of UOB.
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- KienBoon·11-07OCBC should also be bullish tomorrow as well with the release of its 3Q results. Hope that it can bull up another 50c+. In general, the 3 banks in SG are relatively good for longer term holding. Cheers. Thanks.1Report
- clipzy·11-07Such an insightful analysis! Love your perspective! [Heart]1Report