πππI am so grateful that I have invested in all 3 Singapore banks as they have shown that they are resilient and continue to grow slow and steadily over the years. This is despite geopolitical headwinds like the current Iran war and the Trump
tariffs.
One of the biggest risks for the 3 banks is expectation of interest rate cuts which would impact their net interest margins (NIM).
However I believe that wealth management would continue to grow exponentially for the 3 banks as Singapore is regarded as a safe haven in these turbulent times.
In the meantime I have been rewarded with the nice juicy dividends that all 3 banks offer, which is a great source of passive income for me.
As a Singaporean, investing in DBS$DBS(D05.SI)$ , OCBC $OCBC Bank(O39.SI)$ and UOB$UOB(U11.SI)$ is like owning a little piece of Singapore's economic engine and the cornerstone of our country's success.
@Tiger_SG @Tiger_comments @TigerStars @TigerClub @CaptainTiger
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