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DBS, UOB shares up on conservative provisions; OCBC rises ahead of results

SHARES of local banking trio rose on Thursday, as investors found some cheer from conservative provisions set aside by DBS…

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UOB debt workout teams to assess those on debt holiday

UNITED Overseas Bank (UOB) has set up restructuring teams to assess borrowers who have taken a debt holiday amid the…

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DBS sees margin squeeze as interest rate cuts bite in Q2

DBS chief Piyush Gupta expects top line and net interest margin (NIM) – a key indicator of profitability for banks…

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Singapore banks’ shares climb despite fall in Q2 earnings

SHARES of local banking trio rose on Thursday, as investors found some cheer from conservative provisions set aside by DBS…

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UOB’s Q2 net profit down 40% on weaker income and higher provisions; DPS at 39 cents with scrip scheme applied

UOB on Thursday posted a 40 per cent drop in second-quarter net profit, hurt by weaker income and a surge…

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UOB starts restructure work for debts paused on payments; Q2 profit down 40%

UOB has set up restructuring teams to assess borrowers who have taken a debt holiday amid the gradual unwinding of…

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DBS posts 22% fall in Q2 net profit as provisions surge; DPS at 18 cents with scrip scheme applied

DBS on Thursday posted a 22 per cent fall in second-quarter net profit, dragged by further provisions and flat total…

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DBS says moratoria still masking Covid-19 damage; Q2 net profit down 22%

DBS chief Piyush Gupta expects top line and net interest margin (NIM) – a key indicator of profitability for banks…

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Borrowers in Malaysia can tap targeted relief from Oct 1: report

THE move by Malaysia’s central bank to extend relief to a targeted group of borrowers after a blanket moratorium expires…