Our credit view of this issuer reflects its strong liquidity and funding and its very high probability of government support in case of need, constrained by its moderation in loan demand.
Singapore's three largest banks reported record quarterly profit, helped by rises in rates. Yet higher borrowing costs will create challenges for them, such as greater asset risks.
Singapore's three largest banks reported strong results for the first quarter of 2022. They will continue to benefit from recovering economic conditions.
Our credit view of OCBC reflects its strong solvency and liquidity, supported by its receding asset risk amid gradually recovering operating conditions.
Singapore's three largest banks reported strong results for the third quarter of 2021, and will continue to benefit from improving economic conditions in 2022.
Singapore's three largest banks reported another set of strong results for the second quarter of 2021, with good profitability and strong asset quality, capital and liquidity.