SINGAPORE (June 4): Phillip Securities is maintaining the Singapore banking sector at “accumulate” given loans growth remains healthy locally and in Hongkong while the continuing rise in SIBOR (Singapore Interbank Offered Rate) and SOR (Swap Offer Rate) should keep NIM (Net Interest Margins) elevated.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply