Singapore Banks - Domestic Credit Growth Rising Substantially, Credit Cost May Follow With A Decline
Domestic credit growth in Singaporeis uplifting for several months, the rate of growth acceleration in latest month, is strong. Positive...
284 Views
UOB - Profit +SGD228m YoY, Trading & Investment Income +SGD320m YoY, 3Q24 Not as Great as Headline
UOB's results were good at bottom line, but we believe that they are misunderstood. Trading, investment income drove profit delta, not net interest...
282 Views
2025 High Conviction - BMRI Strong Loan Growth at 2x Industry, Better Fees and Lower Costs/Assets
BMRI is taking market share of loans, growing strongly, with no worsening in credit metrics. Slightly lower NIM is offset by higher fees, and also...
292 Views
BCA - Focus on LDR, Which Had Historically Been a Problem, Too Low, With Stable Credit Metrics
BCA is seeing its LDR rise in recent quarters and the rise in 3Q24 alone is even stronger than preceding quarters. Credit metrics remain strong,...
474 Views
Bangkok Bank - BBL Sees 29% Higher NPLs YTD and Core Manufacturing & Commercial Loans -4% YTD
BBL is seeing dwindling loan balances in its core segment - manufacturing and commercial loans are -4% YTD. And what's worse: its NPLs are surging,...
438 Views