[New post] CIMB: Singapore Banks

alanyeo posted: " Dividend cap lifted■ MAS announced that its dividend restrictions on banks have been lifted.■ Contained asset quality, strong capitalisation and consequently, a return ofnet profit to pre-Covid levels allow for a reinstatement of DPS to FY19 levels.■ Rei" Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: Singapore Banks by alanyeo Dividend cap lifted■ MAS announced that its dividend restrictions on banks have been lifted.■ Contained asset quality, strong capitalisation and consequently, a return ofnet profit to pre-Covid levels allow for a reinstatement of DPS to FY19 levels.■ Reiterate Overweight. UOB is our top pick as a laggard and economic reopeningplay. The bank reiterates its stance […] Read more of this post alanyeo | July 29, 2021 at 10:41 am | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-2bc Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/07/29/cimb-singapore-banks/ Thanks for flying with WordPress.com