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Singapore banks’ dividend cap may last beyond FY20: DBS

admin by admin
September 11, 2020
in Finance
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Singapore banks’ dividend cap may last beyond FY20: DBS
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IT is possible that the dividend cap for Singapore banks could be extended into FY21, given the lower net interest income, relatively soft credit demand and uncertainty over asset quality, said DBS Group Research.

This comes as lower-for-longer rates are likely to weigh…

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