NIM will certainly come down a

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RASing
2025-03-13

NIM will certainly come down and impact profitability. It s good to forewarn the investors. Though all 3 banks are super solid, the golden days of mind boggling NIM is coming to an end. My point of view.

Citi Downgrades UOB To ‘Neutral’, Lowers Target Prices On All Three Banks, As It Sees Downside Risks To NIMs

Citi Research analyst Tan Yong Hong believes there could be downside risks to Singapore banks’ net interest margins due to plummeting rates on the Singapore Overnight Rate Average and the market pricing in more rate cuts from the US.“Despite stable US rates, SORA has been pressured lower on [the] Monetary Authority of Singapore’s incompletely sterilised foreign exchange interventions and flush banking system liquidity,” Tan writes in a report dated March 11 .In his view, this could continue

Citi Downgrades UOB To ‘Neutral’, Lowers Target Prices On All Three Banks, As It Sees Downside Risks To NIMs

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My point of view.","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/412881820238080","repostId":1177945804,"repostType":2,"repost":{"id":"1177945804","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings","home_visible":1,"media_name":"TigerNews SG","id":"1050470178","head_image":"https://community-static.tradeup.com/news/f17a9a7b68c877792d5e556261e9e709"},"pubTimestamp":1741748679,"share":"https://ttm.financial/m/news/1177945804?lang=en_US&edition=fundamental","pubTime":"2025-03-12 11:04","market":"sg","language":"en","title":"Citi Downgrades UOB To ‘Neutral’, Lowers Target Prices On All Three Banks, As It Sees Downside Risks To NIMs","url":"https://stock-news.laohu8.com/highlight/detail?id=1177945804","media":"TigerNews SG","summary":"Citi Research analyst Tan Yong Hong believes there could be downside risks to Singapore banks’ net interest margins  due to plummeting rates on the Singapore Overnight Rate Average  and the market pricing in more rate cuts from the US.“Despite stable US rates, SORA has been pressured lower on [the] Monetary Authority of Singapore’s  incompletely sterilised foreign exchange  interventions and flush banking system liquidity,” Tan writes in a report dated March 11 .In his view, this could continue ","content":"<html><head></head><body><p>Citi Research analyst Tan Yong Hong believes there could be downside risks to Singapore banks’ net interest margins (NIMs) due to plummeting rates on the Singapore Overnight Rate Average (SORA) and the market pricing in more rate cuts from the US.</p><p>“Despite stable US rates, SORA has been pressured lower on [the] Monetary Authority of Singapore’s (MAS) incompletely sterilised foreign exchange (forex) interventions and flush banking system liquidity,” Tan writes in a report dated March 11 (US Eastern time).</p><p>In his view, this could continue as long as there is scope to lower the Singapore dollar nominal effective exchange rate (S$NEER) within the band. 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