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Singapore Banks Still Going Strong

13 mins·07:30, 10 Aug 2023
podcast image

Singapore Banks Still Going Strong

13 mins
·
07:30, 10 Aug 2023
·

Guest: Sarah Jane Mahmud (Senior Analyst, ASEAN Financials), Bloomberg Intelligence

The trio Singapore banks of DBS, OCBC and UOB have all concluded their second quarter earnings recently with record profit thanks to rate hikes. We speak to Sarah Jane Mahmud of Bloomberg Intelligence for her take on which bank is outpacing peers and whether growth prospects are sustainable amid weak global economic conditions.

Image Credit: Shutterstock

Presenter: Shazana Mokhtar, Philip See, Mark Tan

Producer: Moh Heng Ying

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