Broker Name: Poems
Date of Report: 11 Dec 2025

Excerpt from Poems report:

• Report Summary
• Singapore banks are experiencing steady loan and deposit growth, with loan growth up 6.5% YoY and CASA deposits rising 13% YoY, despite a slight dip in CASA ratio to deposit.
• Declining interest rates are compressing NIMs and earnings, but banks maintain attractive dividend yields around 5.5%, with OCBC upgraded due to strong wealth management performance and excess capital.

Above is an excerpt from a report by Poems. Clients of Poems can be the first to access the full report from the Poems website: https://www.poems.com.sg