Singapore’s Top Banks Boost Dividends as Profit Beats Estimates

Bloomberg2021-08-04

Two of Singapore’s largest lenders will increase dividend payouts after profit in the second quarter beat estimates and provisions for bad loans fell. OVERSEA-CHINESE BANKING CORP said it will pay an ...

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精彩评论

Jenjorjack
2021-08-04
Jenjorjack
Keep calm and collect divicdends
uncannypedia
2021-08-04
uncannypedia
Noice
glorify
2021-08-04
glorify
Hurray!🙌S'pore banking stock profit earnings results beat estimates! UOB declared $0.6 dividend with 43% profit & OcBc declared $0.25 with 59% profit.Well done both uob & OCBc! Keep going & maintain good performances! 👍💪👌🚀🚀🚀🚀🚀🚀
MrHappy
2021-08-04
MrHappy
Wow
- JOHY:
  Wow
- JOHY:
  Meh
MP88
2021-08-04
MP88
Good.. like me please
- Leng01:
  Done
JustinOh
2021-08-04
JustinOh
Like

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Both sets of results beat analyst expectations.</p>\n<p>Shares in Singapore banks have rallied this year, beating the Bloomberg Asia-Pacific Banks Index, reflecting optimism that lenders are emerging from the country’s worst economic contraction in decades.</p>\n<p>Regulators in the city state and beyond are taking the shackles off rules that required banks to keep money aside when the pandemic engulfed the globe last year, allowing them to hand cash back to shareholders. The Monetary Authority of Singapore recently&nbsp;lifted&nbsp;a cap imposed last year that restricted dividend payouts at 60% of 2019 levels.</p>\n<p><a href=\"https://laohu8.com/S/U10.SI\">UOB-KAY HIAN HOLDINGS LIMITED</a>’s profit was helped by a gain in lending income and fees from businesses including wealth, while provisions for potential loan losses fell 54%. OCBC’s income was mainly helped by a 69% drop in provisions.</p>\n<p>Policy makers expect Singapore’s economy to grow at least 4%-6% this year, though arevision</p>\n<p>“With countries speeding up their vaccination drive, we are optimistic that the</p>\n<p>situation will gradually pick up in Southeast Asia,” UOB Chief Executive Officer Wee Ee Cheong said in the statement, adding that asset quality is “resilient.”</p>\n<p><a href=\"https://laohu8.com/S/D05.SI\">DBS GROUP HOLDINGS LTD</a>, Southeast Asia’s largest bank, will report earnings Thursday.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s Top Banks Boost Dividends as Profit Beats Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Both sets of results beat analyst expectations.\nShares in Singapore banks have rallied this year, beating the Bloomberg Asia-Pacific Banks Index, reflecting optimism that lenders are emerging from the country’s worst economic contraction in decades.\nRegulators in the city state and beyond are taking the shackles off rules that required banks to keep money aside when the pandemic engulfed the globe last year, allowing them to hand cash back to shareholders. The Monetary Authority of Singapore recently lifted a cap imposed last year that restricted dividend payouts at 60% of 2019 levels.\nUOB-KAY HIAN HOLDINGS LIMITED’s profit was helped by a gain in lending income and fees from businesses including wealth, while provisions for potential loan losses fell 54%. 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Both sets of results beat analyst expectations.</p>\n<p>Shares in Singapore banks have rallied this year, beating the Bloomberg Asia-Pacific Banks Index, reflecting optimism that lenders are emerging from the country’s worst economic contraction in decades.</p>\n<p>Regulators in the city state and beyond are taking the shackles off rules that required banks to keep money aside when the pandemic engulfed the globe last year, allowing them to hand cash back to shareholders. The Monetary Authority of Singapore recently&nbsp;lifted&nbsp;a cap imposed last year that restricted dividend payouts at 60% of 2019 levels.</p>\n<p><a href=\"https://laohu8.com/S/U10.SI\">UOB-KAY HIAN HOLDINGS LIMITED</a>’s profit was helped by a gain in lending income and fees from businesses including wealth, while provisions for potential loan losses fell 54%. OCBC’s income was mainly helped by a 69% drop in provisions.</p>\n<p>Policy makers expect Singapore’s economy to grow at least 4%-6% this year, though arevision</p>\n<p>“With countries speeding up their vaccination drive, we are optimistic that the</p>\n<p>situation will gradually pick up in Southeast Asia,” UOB Chief Executive Officer Wee Ee Cheong said in the statement, adding that asset quality is “resilient.”</p>\n<p><a href=\"https://laohu8.com/S/D05.SI\">DBS GROUP HOLDINGS LTD</a>, Southeast Asia’s largest bank, will report earnings Thursday.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s Top Banks Boost Dividends as Profit Beats Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s Top Banks Boost Dividends as Profit Beats Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-04 08:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-03/singapore-s-top-banks-boost-dividends-as-profit-beats-estimates><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two of Singapore’s largest lenders will increase dividend payouts after profit in the second quarter beat estimates and provisions for bad loans fell.\nOVERSEA-CHINESE BANKING CORP said it will pay an ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-03/singapore-s-top-banks-boost-dividends-as-profit-beats-estimates\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"O39.SI":"华侨银行","U10.SI":"大华继显控股"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-03/singapore-s-top-banks-boost-dividends-as-profit-beats-estimates","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166573830","content_text":"Two of Singapore’s largest lenders will increase dividend payouts after profit in the second quarter beat estimates and provisions for bad loans fell.\nOVERSEA-CHINESE BANKING CORP said it will pay an interim dividend of 25 cents per share after reporting a 59% jump in net income, while United Overseas Bank Ltd. plans a 60 cent per share payout after a 43% increase in profit, the lenders said in separate statements Wednesday. Both sets of results beat analyst expectations.\nShares in Singapore banks have rallied this year, beating the Bloomberg Asia-Pacific Banks Index, reflecting optimism that lenders are emerging from the country’s worst economic contraction in decades.\nRegulators in the city state and beyond are taking the shackles off rules that required banks to keep money aside when the pandemic engulfed the globe last year, allowing them to hand cash back to shareholders. The Monetary Authority of Singapore recently lifted a cap imposed last year that restricted dividend payouts at 60% of 2019 levels.\nUOB-KAY HIAN HOLDINGS LIMITED’s profit was helped by a gain in lending income and fees from businesses including wealth, while provisions for potential loan losses fell 54%. OCBC’s income was mainly helped by a 69% drop in provisions.\nPolicy makers expect Singapore’s economy to grow at least 4%-6% this year, though arevision\n“With countries speeding up their vaccination drive, we are optimistic that the\nsituation will gradually pick up in Southeast Asia,” UOB Chief Executive Officer Wee Ee Cheong said in the statement, adding that asset quality is “resilient.”\nDBS GROUP HOLDINGS LTD, Southeast Asia’s largest bank, will report earnings Thursday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":807509475,"gmtCreate":1628041660597,"gmtModify":1631886196109,"author":{"id":"4087698744325360","authorId":"4087698744325360","name":"glorify","avatar":"https://static.tigerbbs.com/bb1a0d88b0029e6cb51d7065d6b143e5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087698744325360","authorIdStr":"4087698744325360"},"htmlText":"Hurray!🙌S'pore banking stock&nbsp;profit earnings results beat&nbsp;estimates! UOB declared $0.6&nbsp;dividend with 43% profit &amp; OcBc&nbsp;declared $0.25&nbsp;with 59% profit.Well done both uob &amp; OCBc! Keep going &amp; maintain good performances! 👍💪👌🚀🚀🚀🚀🚀🚀","listText":"Hurray!🙌S'pore banking stock&nbsp;profit earnings results beat&nbsp;estimates! UOB declared $0.6&nbsp;dividend with 43% profit &amp; OcBc&nbsp;declared $0.25&nbsp;with 59% profit.Well done both uob &amp; OCBc! Keep going &amp; maintain good performances! 👍💪👌🚀🚀🚀🚀🚀🚀","text":"Hurray!🙌S'pore banking stock profit earnings results beat estimates! UOB declared $0.6 dividend with 43% profit & OcBc declared $0.25 with 59% profit.Well done both uob & OCBc! Keep going & maintain good performances! 👍💪👌🚀🚀🚀🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/807509475","repostId":1166573830,"repostType":4,"repost":{"id":"1166573830","kind":"news","pubTimestamp":1628038271,"share":"https://www.laohu8.com/m/news/1166573830?lang=&edition=full","pubTime":"2021-08-04 08:51","market":"sg","language":"en","title":"Singapore’s Top Banks Boost Dividends as Profit Beats Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1166573830","media":"Bloomberg","summary":"Two of Singapore’s largest lenders will increase dividend payouts after profit in the second quarter","content":"<p>Two of Singapore’s largest lenders will increase dividend payouts after profit in the second quarter beat estimates and provisions for bad loans fell.</p>\n<p><a href=\"https://laohu8.com/S/O39.SI\">OVERSEA-CHINESE BANKING CORP</a> said it will pay an interim dividend of 25 cents per share after reporting a 59% jump in net income, while United Overseas Bank Ltd. plans a 60 cent per share payout after a 43% increase in profit, the lenders said in separate statements Wednesday. Both sets of results beat analyst expectations.</p>\n<p>Shares in Singapore banks have rallied this year, beating the Bloomberg Asia-Pacific Banks Index, reflecting optimism that lenders are emerging from the country’s worst economic contraction in decades.</p>\n<p>Regulators in the city state and beyond are taking the shackles off rules that required banks to keep money aside when the pandemic engulfed the globe last year, allowing them to hand cash back to shareholders. The Monetary Authority of Singapore recently&nbsp;lifted&nbsp;a cap imposed last year that restricted dividend payouts at 60% of 2019 levels.</p>\n<p><a href=\"https://laohu8.com/S/U10.SI\">UOB-KAY HIAN HOLDINGS LIMITED</a>’s profit was helped by a gain in lending income and fees from businesses including wealth, while provisions for potential loan losses fell 54%. OCBC’s income was mainly helped by a 69% drop in provisions.</p>\n<p>Policy makers expect Singapore’s economy to grow at least 4%-6% this year, though arevision</p>\n<p>“With countries speeding up their vaccination drive, we are optimistic that the</p>\n<p>situation will gradually pick up in Southeast Asia,” UOB Chief Executive Officer Wee Ee Cheong said in the statement, adding that asset quality is “resilient.”</p>\n<p><a href=\"https://laohu8.com/S/D05.SI\">DBS GROUP HOLDINGS LTD</a>, Southeast Asia’s largest bank, will report earnings Thursday.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s Top Banks Boost Dividends as Profit Beats Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s Top Banks Boost Dividends as Profit Beats Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-04 08:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-03/singapore-s-top-banks-boost-dividends-as-profit-beats-estimates><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two of Singapore’s largest lenders will increase dividend payouts after profit in the second quarter beat estimates and provisions for bad loans fell.\nOVERSEA-CHINESE BANKING CORP said it will pay an ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-03/singapore-s-top-banks-boost-dividends-as-profit-beats-estimates\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"O39.SI":"华侨银行","U10.SI":"大华继显控股"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-03/singapore-s-top-banks-boost-dividends-as-profit-beats-estimates","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166573830","content_text":"Two of Singapore’s largest lenders will increase dividend payouts after profit in the second quarter beat estimates and provisions for bad loans fell.\nOVERSEA-CHINESE BANKING CORP said it will pay an interim dividend of 25 cents per share after reporting a 59% jump in net income, while United Overseas Bank Ltd. plans a 60 cent per share payout after a 43% increase in profit, the lenders said in separate statements Wednesday. Both sets of results beat analyst expectations.\nShares in Singapore banks have rallied this year, beating the Bloomberg Asia-Pacific Banks Index, reflecting optimism that lenders are emerging from the country’s worst economic contraction in decades.\nRegulators in the city state and beyond are taking the shackles off rules that required banks to keep money aside when the pandemic engulfed the globe last year, allowing them to hand cash back to shareholders. The Monetary Authority of Singapore recently lifted a cap imposed last year that restricted dividend payouts at 60% of 2019 levels.\nUOB-KAY HIAN HOLDINGS LIMITED’s profit was helped by a gain in lending income and fees from businesses including wealth, while provisions for potential loan losses fell 54%. OCBC’s income was mainly helped by a 69% drop in provisions.\nPolicy makers expect Singapore’s economy to grow at least 4%-6% this year, though arevision\n“With countries speeding up their vaccination drive, we are optimistic that the\nsituation will gradually pick up in Southeast Asia,” UOB Chief Executive Officer Wee Ee Cheong said in the statement, adding that asset quality is “resilient.”\nDBS GROUP HOLDINGS LTD, Southeast Asia’s largest bank, will report earnings Thursday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":807509560,"gmtCreate":1628041656950,"gmtModify":1631891627366,"author":{"id":"3576627310629871","authorId":"3576627310629871","name":"MrHappy","avatar":"https://static.tigerbbs.com/db25aeb48bc88043744fb93a4c4c3be2","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3576627310629871","authorIdStr":"3576627310629871"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/807509560","repostId":1166573830,"repostType":4,"repost":{"id":"1166573830","kind":"news","pubTimestamp":1628038271,"share":"https://www.laohu8.com/m/news/1166573830?lang=&edition=full","pubTime":"2021-08-04 08:51","market":"sg","language":"en","title":"Singapore’s Top Banks Boost Dividends as Profit Beats Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1166573830","media":"Bloomberg","summary":"Two of Singapore’s largest lenders will increase dividend payouts after profit in the second quarter","content":"<p>Two of Singapore’s largest lenders will increase dividend payouts after profit in the second quarter beat estimates and provisions for bad loans fell.</p>\n<p><a href=\"https://laohu8.com/S/O39.SI\">OVERSEA-CHINESE BANKING CORP</a> said it will pay an interim dividend of 25 cents per share after reporting a 59% jump in net income, while United Overseas Bank Ltd. plans a 60 cent per share payout after a 43% increase in profit, the lenders said in separate statements Wednesday. Both sets of results beat analyst expectations.</p>\n<p>Shares in Singapore banks have rallied this year, beating the Bloomberg Asia-Pacific Banks Index, reflecting optimism that lenders are emerging from the country’s worst economic contraction in decades.</p>\n<p>Regulators in the city state and beyond are taking the shackles off rules that required banks to keep money aside when the pandemic engulfed the globe last year, allowing them to hand cash back to shareholders. The Monetary Authority of Singapore recently&nbsp;lifted&nbsp;a cap imposed last year that restricted dividend payouts at 60% of 2019 levels.</p>\n<p><a href=\"https://laohu8.com/S/U10.SI\">UOB-KAY HIAN HOLDINGS LIMITED</a>’s profit was helped by a gain in lending income and fees from businesses including wealth, while provisions for potential loan losses fell 54%. OCBC’s income was mainly helped by a 69% drop in provisions.</p>\n<p>Policy makers expect Singapore’s economy to grow at least 4%-6% this year, though arevision</p>\n<p>“With countries speeding up their vaccination drive, we are optimistic that the</p>\n<p>situation will gradually pick up in Southeast Asia,” UOB Chief Executive Officer Wee Ee Cheong said in the statement, adding that asset quality is “resilient.”</p>\n<p><a href=\"https://laohu8.com/S/D05.SI\">DBS GROUP HOLDINGS LTD</a>, Southeast Asia’s largest bank, will report earnings Thursday.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s Top Banks Boost Dividends as Profit Beats Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s Top Banks Boost Dividends as Profit Beats Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-04 08:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-03/singapore-s-top-banks-boost-dividends-as-profit-beats-estimates><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two of Singapore’s largest lenders will increase dividend payouts after profit in the second quarter beat estimates and provisions for bad loans fell.\nOVERSEA-CHINESE BANKING CORP said it will pay an ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-03/singapore-s-top-banks-boost-dividends-as-profit-beats-estimates\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"O39.SI":"华侨银行","U10.SI":"大华继显控股"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-03/singapore-s-top-banks-boost-dividends-as-profit-beats-estimates","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166573830","content_text":"Two of Singapore’s largest lenders will increase dividend payouts after profit in the second quarter beat estimates and provisions for bad loans fell.\nOVERSEA-CHINESE BANKING CORP said it will pay an interim dividend of 25 cents per share after reporting a 59% jump in net income, while United Overseas Bank Ltd. plans a 60 cent per share payout after a 43% increase in profit, the lenders said in separate statements Wednesday. Both sets of results beat analyst expectations.\nShares in Singapore banks have rallied this year, beating the Bloomberg Asia-Pacific Banks Index, reflecting optimism that lenders are emerging from the country’s worst economic contraction in decades.\nRegulators in the city state and beyond are taking the shackles off rules that required banks to keep money aside when the pandemic engulfed the globe last year, allowing them to hand cash back to shareholders. The Monetary Authority of Singapore recently lifted a cap imposed last year that restricted dividend payouts at 60% of 2019 levels.\nUOB-KAY HIAN HOLDINGS LIMITED’s profit was helped by a gain in lending income and fees from businesses including wealth, while provisions for potential loan losses fell 54%. OCBC’s income was mainly helped by a 69% drop in provisions.\nPolicy makers expect Singapore’s economy to grow at least 4%-6% this year, though arevision\n“With countries speeding up their vaccination drive, we are optimistic that the\nsituation will gradually pick up in Southeast Asia,” UOB Chief Executive Officer Wee Ee Cheong said in the statement, adding that asset quality is “resilient.”\nDBS GROUP HOLDINGS LTD, Southeast Asia’s largest bank, will report earnings Thursday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5427111,"gmtCreate":1628089061326,"gmtModify":1635160126679,"authorId":3579331938591706,"author":{"id":3579331938591706,"idStr":"3579331938591706","authorId":3579331938591706,"name":"JOHY","avatar":"https://static.tigerbbs.com/01faff4217bc5e19fd6b5d62c156f678","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":807509560,"type":1,"supId":0,"prevId":0,"content":"Wow","text":"Wow","html":"Wow"},{"id":5456947,"gmtCreate":1628347366001,"gmtModify":1635157592841,"authorId":3579331938591706,"author":{"id":3579331938591706,"idStr":"3579331938591706","authorId":3579331938591706,"name":"JOHY","avatar":"https://static.tigerbbs.com/01faff4217bc5e19fd6b5d62c156f678","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":807509560,"type":1,"supId":0,"prevId":0,"content":"Meh","text":"Meh","html":"Meh"}],"langContent":"EN"},{"id":807248809,"gmtCreate":1628040800601,"gmtModify":1633754141098,"author":{"id":"3582798202671514","authorId":"3582798202671514","name":"MP88","avatar":"https://static.tigerbbs.com/98ab4cdb5a6f628d50eef8b5db5303aa","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582798202671514","authorIdStr":"3582798202671514"},"htmlText":"Good.. like me please","listText":"Good.. like me please","text":"Good.. like me please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/807248809","repostId":1166573830,"repostType":4,"repost":{"id":"1166573830","kind":"news","pubTimestamp":1628038271,"share":"https://www.laohu8.com/m/news/1166573830?lang=&edition=full","pubTime":"2021-08-04 08:51","market":"sg","language":"en","title":"Singapore’s Top Banks Boost Dividends as Profit Beats Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1166573830","media":"Bloomberg","summary":"Two of Singapore’s largest lenders will increase dividend payouts after profit in the second quarter","content":"<p>Two of Singapore’s largest lenders will increase dividend payouts after profit in the second quarter beat estimates and provisions for bad loans fell.</p>\n<p><a href=\"https://laohu8.com/S/O39.SI\">OVERSEA-CHINESE BANKING CORP</a> said it will pay an interim dividend of 25 cents per share after reporting a 59% jump in net income, while United Overseas Bank Ltd. plans a 60 cent per share payout after a 43% increase in profit, the lenders said in separate statements Wednesday. Both sets of results beat analyst expectations.</p>\n<p>Shares in Singapore banks have rallied this year, beating the Bloomberg Asia-Pacific Banks Index, reflecting optimism that lenders are emerging from the country’s worst economic contraction in decades.</p>\n<p>Regulators in the city state and beyond are taking the shackles off rules that required banks to keep money aside when the pandemic engulfed the globe last year, allowing them to hand cash back to shareholders. The Monetary Authority of Singapore recently&nbsp;lifted&nbsp;a cap imposed last year that restricted dividend payouts at 60% of 2019 levels.</p>\n<p><a href=\"https://laohu8.com/S/U10.SI\">UOB-KAY HIAN HOLDINGS LIMITED</a>’s profit was helped by a gain in lending income and fees from businesses including wealth, while provisions for potential loan losses fell 54%. OCBC’s income was mainly helped by a 69% drop in provisions.</p>\n<p>Policy makers expect Singapore’s economy to grow at least 4%-6% this year, though arevision</p>\n<p>“With countries speeding up their vaccination drive, we are optimistic that the</p>\n<p>situation will gradually pick up in Southeast Asia,” UOB Chief Executive Officer Wee Ee Cheong said in the statement, adding that asset quality is “resilient.”</p>\n<p><a href=\"https://laohu8.com/S/D05.SI\">DBS GROUP HOLDINGS LTD</a>, Southeast Asia’s largest bank, will report earnings Thursday.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s Top Banks Boost Dividends as Profit Beats Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s Top Banks Boost Dividends as Profit Beats Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-04 08:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-03/singapore-s-top-banks-boost-dividends-as-profit-beats-estimates><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two of Singapore’s largest lenders will increase dividend payouts after profit in the second quarter beat estimates and provisions for bad loans fell.\nOVERSEA-CHINESE BANKING CORP said it will pay an ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-03/singapore-s-top-banks-boost-dividends-as-profit-beats-estimates\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"O39.SI":"华侨银行","U10.SI":"大华继显控股"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-03/singapore-s-top-banks-boost-dividends-as-profit-beats-estimates","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166573830","content_text":"Two of Singapore’s largest lenders will increase dividend payouts after profit in the second quarter beat estimates and provisions for bad loans fell.\nOVERSEA-CHINESE BANKING CORP said it will pay an interim dividend of 25 cents per share after reporting a 59% jump in net income, while United Overseas Bank Ltd. plans a 60 cent per share payout after a 43% increase in profit, the lenders said in separate statements Wednesday. Both sets of results beat analyst expectations.\nShares in Singapore banks have rallied this year, beating the Bloomberg Asia-Pacific Banks Index, reflecting optimism that lenders are emerging from the country’s worst economic contraction in decades.\nRegulators in the city state and beyond are taking the shackles off rules that required banks to keep money aside when the pandemic engulfed the globe last year, allowing them to hand cash back to shareholders. The Monetary Authority of Singapore recently lifted a cap imposed last year that restricted dividend payouts at 60% of 2019 levels.\nUOB-KAY HIAN HOLDINGS LIMITED’s profit was helped by a gain in lending income and fees from businesses including wealth, while provisions for potential loan losses fell 54%. OCBC’s income was mainly helped by a 69% drop in provisions.\nPolicy makers expect Singapore’s economy to grow at least 4%-6% this year, though arevision\n“With countries speeding up their vaccination drive, we are optimistic that the\nsituation will gradually pick up in Southeast Asia,” UOB Chief Executive Officer Wee Ee Cheong said in the statement, adding that asset quality is “resilient.”\nDBS GROUP HOLDINGS LTD, Southeast Asia’s largest bank, will report earnings Thursday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5420219,"gmtCreate":1628041861189,"gmtModify":1635160621191,"authorId":3586767616536415,"author":{"id":3586767616536415,"idStr":"3586767616536415","authorId":3586767616536415,"name":"Leng01","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":807248809,"type":1,"supId":0,"prevId":0,"content":"Done","text":"Done","html":"Done"}],"langContent":"EN"},{"id":807254853,"gmtCreate":1628040476472,"gmtModify":1633754145944,"author":{"id":"3574829133892207","authorId":"3574829133892207","name":"JustinOh","avatar":"https://static.tigerbbs.com/999ecefe022ab8cb9f4c76c1f852fa86","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3574829133892207","authorIdStr":"3574829133892207"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/807254853","repostId":1166573830,"repostType":4,"repost":{"id":"1166573830","kind":"news","pubTimestamp":1628038271,"share":"https://www.laohu8.com/m/news/1166573830?lang=&edition=full","pubTime":"2021-08-04 08:51","market":"sg","language":"en","title":"Singapore’s Top Banks Boost Dividends as Profit Beats Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1166573830","media":"Bloomberg","summary":"Two of Singapore’s largest lenders will increase dividend payouts after profit in the second quarter","content":"<p>Two of Singapore’s largest lenders will increase dividend payouts after profit in the second quarter beat estimates and provisions for bad loans fell.</p>\n<p><a href=\"https://laohu8.com/S/O39.SI\">OVERSEA-CHINESE BANKING CORP</a> said it will pay an interim dividend of 25 cents per share after reporting a 59% jump in net income, while United Overseas Bank Ltd. plans a 60 cent per share payout after a 43% increase in profit, the lenders said in separate statements Wednesday. Both sets of results beat analyst expectations.</p>\n<p>Shares in Singapore banks have rallied this year, beating the Bloomberg Asia-Pacific Banks Index, reflecting optimism that lenders are emerging from the country’s worst economic contraction in decades.</p>\n<p>Regulators in the city state and beyond are taking the shackles off rules that required banks to keep money aside when the pandemic engulfed the globe last year, allowing them to hand cash back to shareholders. The Monetary Authority of Singapore recently&nbsp;lifted&nbsp;a cap imposed last year that restricted dividend payouts at 60% of 2019 levels.</p>\n<p><a href=\"https://laohu8.com/S/U10.SI\">UOB-KAY HIAN HOLDINGS LIMITED</a>’s profit was helped by a gain in lending income and fees from businesses including wealth, while provisions for potential loan losses fell 54%. OCBC’s income was mainly helped by a 69% drop in provisions.</p>\n<p>Policy makers expect Singapore’s economy to grow at least 4%-6% this year, though arevision</p>\n<p>“With countries speeding up their vaccination drive, we are optimistic that the</p>\n<p>situation will gradually pick up in Southeast Asia,” UOB Chief Executive Officer Wee Ee Cheong said in the statement, adding that asset quality is “resilient.”</p>\n<p><a href=\"https://laohu8.com/S/D05.SI\">DBS GROUP HOLDINGS LTD</a>, Southeast Asia’s largest bank, will report earnings Thursday.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore’s Top Banks Boost Dividends as Profit Beats Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore’s Top Banks Boost Dividends as Profit Beats Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-04 08:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-03/singapore-s-top-banks-boost-dividends-as-profit-beats-estimates><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two of Singapore’s largest lenders will increase dividend payouts after profit in the second quarter beat estimates and provisions for bad loans fell.\nOVERSEA-CHINESE BANKING CORP said it will pay an ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-03/singapore-s-top-banks-boost-dividends-as-profit-beats-estimates\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"O39.SI":"华侨银行","U10.SI":"大华继显控股"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-03/singapore-s-top-banks-boost-dividends-as-profit-beats-estimates","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166573830","content_text":"Two of Singapore’s largest lenders will increase dividend payouts after profit in the second quarter beat estimates and provisions for bad loans fell.\nOVERSEA-CHINESE BANKING CORP said it will pay an interim dividend of 25 cents per share after reporting a 59% jump in net income, while United Overseas Bank Ltd. plans a 60 cent per share payout after a 43% increase in profit, the lenders said in separate statements Wednesday. Both sets of results beat analyst expectations.\nShares in Singapore banks have rallied this year, beating the Bloomberg Asia-Pacific Banks Index, reflecting optimism that lenders are emerging from the country’s worst economic contraction in decades.\nRegulators in the city state and beyond are taking the shackles off rules that required banks to keep money aside when the pandemic engulfed the globe last year, allowing them to hand cash back to shareholders. The Monetary Authority of Singapore recently lifted a cap imposed last year that restricted dividend payouts at 60% of 2019 levels.\nUOB-KAY HIAN HOLDINGS LIMITED’s profit was helped by a gain in lending income and fees from businesses including wealth, while provisions for potential loan losses fell 54%. OCBC’s income was mainly helped by a 69% drop in provisions.\nPolicy makers expect Singapore’s economy to grow at least 4%-6% this year, though arevision\n“With countries speeding up their vaccination drive, we are optimistic that the\nsituation will gradually pick up in Southeast Asia,” UOB Chief Executive Officer Wee Ee Cheong said in the statement, adding that asset quality is “resilient.”\nDBS GROUP HOLDINGS LTD, Southeast Asia’s largest bank, will report earnings Thursday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":98,"commentSize":17,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1166573830"}