The performance of the three major banks remains steady, supporting Singapore's financial market performance

Singapore’s three major local banks—DBS Bank, Oversea-Chinese Banking Corporation, and United Overseas Bank—have demonstrated steady performance, becoming an important force supporting the financial market.

Analysis suggests that in a high-interest-rate environment, banks’ net interest income continues to grow, driving overall profitability. At the same time, asset quality remains stable, with non-performing loan ratios staying at low levels, indicating that the overall risk in the banking system is manageable.

Industry insiders point out that Singapore’s banking system is well-capitalized and has strong risk management capabilities. Despite fluctuations in the global financial markets, it continues to show resilience. Additionally, the ongoing expansion of wealth management and cross-border businesses has provided new profit growth opportunities for the banks.