What is the difference between the 3 Singapore banks? Which one should I invest in? - Seedly
Seedly logo
Seedly logo
 

Anonymous

Asked on 16 May 2020

What is the difference between the 3 Singapore banks? Which one should I invest in?

If a were to invest in either of the 3 Singapore banks, which one should i invest in and what is the difference between them ?

0 comments

2 answers

Answer Now

Answers (2)

Sort by

    Sama sama in their capitalization since all under the watchful eye of MAS, a real distinction could be made in their exposure to China/Hongkong loan books

    0

    Thank You!
    Can you clarify
    I wonder if
    This is so helpful 👍
    What about
    Post
    SW

    Shaun WQ Lim

    Level 8. Wizard

    Answered on 23 May 2020

    Depends on what you are looking to achieve.

    For dividends (before COVID-19):

    DBS and UOB have been paying $1+/share for the financial year recently. DBS is quarterly payout while UOB is semi-annual. OCBC’s dividend is around $0.60/share.

    For valuation:

    OCBC should have the lowest P/B ratio of the three now. DBS should have the highest P/B.

    For price:

    OCBC should be the cheapest of the three. UOB and DBS are almost the same level.

    There are also other factors like their growth strategy and regional footprint, technology usage etc.

    0

    Thank You!
    Can you clarify
    I wonder if
    This is so helpful 👍
    What about
    Post