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NRA Capital Pte Ltd

Written by: Lynn Look

Monday 24 Nov 2014

Singapore Banks - 3rd Quarterly Review (Part 2)

NIMs recovery will help offset slower loan demand

Net Interest Income grew by between 8% and 11% (if we exclude Wing Hang for OCBC) y-o-y in 3Q14, as loans growth slackened further to below 10% in the case of DBS.

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