results rounded up a strong third-quarter earnings season by Singapore banks, which have benefited in recent years from higher global interest rates and strong inflows of wealth drawn by the city-state's political stability. Both local peers DBS and United Overseas Bank posted record quarterly ...
4Q22 Year-on-Year Performance Group net profit rose 34% to S$1.31 billion, driven by record quarterly net interest income. Net interest income grew 60% to S$2.39 billion, propelled by a 79-basis points increase in NIM on the back of rapid rise in interest rate...