Singapore, 27 April 2026 – Singapore’s three major banks, DBS, OCBC and UOB, could enter the first quarter earnings season with a more supportive outlook as safe haven deposit flows, delayed US Federal Reserve rate cuts and resilient wealth management activity help offset pressure from lower benchmark rates in Singapore and Hong Kong.

Analysts expect Singapore’s local lenders to benefit from deposit inflows linked to the ongoing Middle East conflict, as global investors and high-net-worth clients seek stability in well-regulated financial centres. The Business Times reported that safe haven flows could support first-quarter net interest income, while the Federal Reserve’s decision not to cut rates in the first quarter may also help preserve margins.

Unlock the Full Article

This article is exclusive to The Ledger Asia Subsribers / PAID members.

Subscribe to Read More

Already have an account? Log in here

Author

Kenji Yamamoto
Kenji Yamamoto is a Senior Fellow at The Ledger Asia, where he explores the critical nexus of Asian international relations, economic development, and environmental sustainability. With extensive experience in cross-border policy analysis, Kenji provides a unique perspective on how diplomatic alliances and green energy transitions drive long-term growth across the Asia-Pacific.
Previously an advisor for regional development banks, he specializes in sustainable infrastructure and the circular economy’s role in modernizing emerging markets. At The Ledger Asia, Kenji’s deep-dive reports help readers navigate the complex balance between rapid industrialization and the global imperative for climate resilience and corporate responsibility.

DBS, OCBC And UOB May See Stronger Q1 Support As Safe Haven Flows Lift Singapore Banks

Unlock the Full Article

Author

Related

PGF Capital Posts Historic High Revenue Of RM167.9 Million In FY26 As Insulation Demand Strengthens

Gas Malaysia And Greenergy To Explore Biomass Steam Projects As Industries Seek Lower-Carbon Energy Options

Asia’s Market Boom Masks A Growing Cost-Of-Living Strain As Iran War Lifts Energy Risks

Nissan Raises Earnings Outlook As Turnaround Efforts Show Early Signs Of Relief

China Blocks Meta’s US$2 Billion Manus Deal As AI Becomes The Next Front In Tech Sovereignty

Singapore Banks Step Up AI Risk Monitoring As Frontier Models Raise New Cybersecurity Concerns

Could Asia Turn Crisis Into Opportunity As Iran War Reshapes Energy, Defence And Supply Chains?

Petronas Dagangan Pledges Steady Fuel Supply As Middle East Crisis Tests Energy Markets

Gold Li Holdings Launches Prospectus For ACE Market IPO, Targets Landbank Expansion And Sustainable Growth

Central Banks Play For Time As Energy Shock Clouds Global Rate Outlook

DBS, OCBC And UOB May See Stronger Q1 Support As Safe Haven Flows Lift Singapore Banks

Unlock the Full Article

Author

Share this:

Related