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Wednesday, 1 June 2022

[New post] CGS-CIMB remains ‘overweight’ on banking sector on anticipated margin expansion

Site logo image alanyeo posted: " Felicia Tan Wed, Jun 01, 2022 A view of the Singapore CBD. Photo: Bloomberg CGS-CIMB Research analysts Andrea Choong and Lim Siew Khee are keeping their "overweight" recommendation on the Singapore banking sector after deposits in April rose by 2.9" Alpha Edge Investing

CGS-CIMB remains 'overweight' on banking sector on anticipated margin expansion

alanyeo

Jun 1

Felicia Tan Wed, Jun 01, 2022 CGS-CIMB Research analysts Andrea Choong and Lim Siew Khee are keeping their "overweight" recommendation on the Singapore banking sector after deposits in April rose by 2.9% m-o-m. The m-o-m growth is the strongest since the Monetary Authority of Singapore (MAS) revamped its data disclosures in August 2021. In April, […]

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