Singapore Banks' Net Interest Income Likely to Fall in 2025 -- Market Talk

Dow Jones

2025/08/20

0637 GMT - Singapore's banking sector may report lower interest income for 2025 amid margin compression and higher credit costs, RHB Research's Singapore team says in a note. RHB projects a 3% decline in net interest income for the sector this year. Banks face a weaker 2H compared with 1H due to a combination of seasonality and global trade uncertainty stemming from the U.S. tariff situation. RHB's top sector pick is DBS, given its attractive dividend yields. It has a buy rating and S$52.80 target on DBS, which gains 0.4% to S$50.04. RHB maintains a neutral call on the city-state's banking sector. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

August 20, 2025 02:37 ET (06:37 GMT)

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RHB projects a 3% decline in net interest income for the sector this year. Banks face a weaker 2H compared with 1H due to a combination of seasonality and global trade uncertainty stemming from the U.S. tariff situation. RHB's top sector pick is DBS, given its attractive dividend yields. It has a buy rating and S$52.80 target on DBS, which gains 0.4% to S$50.04. RHB maintains a neutral call on the city-state's banking sector. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 20, 2025 02:37 ET (06:37 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0737861269.HKD","symbol_name":"FIDELITY ASEAN \"A \" (HKD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2560312417","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2560312417","pubTimestamp":1755671820,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0637 GMT - Singapore's banking sector may report lower interest income for 2025 amid margin compression and higher credit costs, RHB Research's Singapore team says in a note. RHB projects a 3% decline in net interest income for the sector this year. Banks face a weaker 2H compared with 1H due to a combination of seasonality and global trade uncertainty stemming from the U.S. tariff situation. RHB's top sector pick is DBS, given its attractive dividend yields. It has a buy rating and S$52.80 target on DBS, which gains 0.4% to S$50.04. RHB maintains a neutral call on the city-state's banking sector. 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RHB projects a 3% decline in net interest income for the sector this year. Banks face a weaker 2H compared with 1H due to a combination of seasonality and global trade uncertainty stemming from the U.S. tariff situation. RHB's top sector pick is DBS, given its attractive dividend yields. It has a buy rating and S$52.80 target on DBS, which gains 0.4% to S$50.04. RHB maintains a neutral call on the city-state's banking sector. (megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 20, 2025 02:37 ET (06:37 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}