The three big banks in Singapore, namely DBS, OCBC and UOB, have seen their share price appreciate about 30% over the last six months. However, because of the dividend cap rate, the Singapore banks are currently offering about 3% yield based on their current share price.
In addition, interest rates are expected to remain low -- at least until 2023, which will affect the banks' earnings for the next two years or so. So the question is, are the banks in Singapore still attractive to look at today?
In this roundtable, we share our findings and insights on the three Singapore banks and if they are worth considering at their current valuations.
