SINGAPORE (Oct 19): DBS Group Research continues to prefer UOB to OCBC even as it expects loan yields to trend up in 3Q18 for both banks.

“Our ‘buy’ call on UOB is premised on its higher dividend yield with potential upside and continuous loan growth supported by strong funding portfolio, on top of its strong capital position,” says DBS analyst Lim Rui Wen who has a $31.70 target price for the bank.

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