Are Singapore’s Banks Bracing For A Downturn?

Sarah Jane Mahmud, Senior Industry Analyst, Bloomberg Intelligence

27-May-25 07:30

Are Singapore’s Banks Bracing For A Downturn?

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Singapore’s economy shrank 0.6% in the first quarter, prompting recession concerns. Its banks may be showing early signs of strain as DBS, OCBC and UOB reported narrowing net interest margins. Sarah Jane Mahmud, Senior Industry Analyst at Bloomberg Intelligence discusses the earnings trajectory of Singapore’s top banks amid current headwinds.

Image Credit: Shutterstock.com

Produced by: Jake Lim

Presented by: Shazana Mokhtar, Keith Kam, Aisalli Ayub

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Categories: markets, economy, government, international, investments

Tags: singapore, stock markets, equities, singapore economy, recession,

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