Singapore bank ROEs to hit over 11% in 2020

Submitted By:  Sandra Sendingan Case Study:  No Thanks to the shift towards fees and commission in the non-interest income mix. Singapore banks ROEs are expected to rise by 169 bp YoY in 2018 as loans and margins improve and credit charges remain benign, according to Maybank Kim Eng. The earnings visiblity for the Singapore banking sector has improved from 2007 as banks embraced less volatile commercial banking segments in favour of more stable sources of non-interest income. read more