are seen as having a low risk of earnings downturn, with some analysts even forecasting a rise in earnings and margins., the outlook for these banks remains positive despite the broader market turbulence.
This projection already takes into account anticipated US Federal Funds Rate cuts, as well as steps taken by local banks to safeguard their net interest income .The potential squeeze on NIMs in 2025 is expected to be mitigated by continued loan growth, strong fee income, and a normalization of credit costs. Moreover, Singapore banks are poised to offer attractive dividend yields, with RHB projecting a 5.6% yield for FY2025.
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