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Home / Capital / Brokers Calls

'Buy' UOB and OCBC on better outlook, ROE recovery: DBS

Broker's Calls

'Buy' UOB and OCBC on better outlook, ROE recovery: DBS

Felicia Tan Published on Wed, Jan 27, 2021 / 2:59 PM GMT+8

DBS Group Research analyst Lim Rui Wen has recommended investors to “buy” shares in United Overseas Bank Limited (UOB) and Oversea-Chinese Banking Corporation (OCBC) ahead of their 4QFY2020 and FY2020 results release in February.

See Lim's take on the Singapore banking sector here.

OCBC will be releasing its results on the morning of Feb 24, while UOB will be announcing its results on the morning of Feb 25.