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25

Singapore Banks Facing Earnings Stumble as Bad Loans, Sibor Bite

By Tony Seruga

Largest lenders may boost provisions for nonperforming loans
Drop in interbank borrowing costs may drag on interest margins

Earnings reports due soon from Singapore’s largest banks may show their second-quarter profits were crimped by higher buffers for soured loans and a faltering rally in domestic interest rates.

Here are five charts illustrating the themes that may emerge out of the reports from DBS Group Holdings Ltd., Oversea-Chinese Banking Corp. and United Overseas Banking Ltd.:

Singapore Banks Facing Earnings Stumble as Bad Loans, Sibor Bite

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