SINGAPORE (Feb 1): Banks are increasingly turning into yield plays, which tend to do well when interest rates are not rising sharply.

And analysts expect the three local banks to continue to experience slow and steady growth this year and into 2020, global financial crises notwithstanding.

In a recent interview with The Edge Singapore, Harsh Modi, banking analyst at JPMorgan for Southeast Asia, indicated that Singapore banks stood out as the most visible in terms of margins and loan growth.

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