Report
EUR 703.13 For Business Accounts Only

DBS, OCBC, UOB: 2019 update: Strong results in 2019 but macroeconomic challenges will grow in 2020

DBS, OCBC and UOB reported strong financial results for 2019, but they will face higher credit risks in 2020 amid slower economic growth and disruptions from the coronavirus outbreak.
Underlyings
DBS Group Holdings Ltd

Oversea-Chinese Banking Corp Ltd

United Overseas Bank Limited

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
    11,000 corporate issuers
    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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