People ride bikes with the skyline of the central business district of Singapore in the background. — Reuters
SINGAPORE: Singapore banks flagged margin pressure for 2026 as falling interest rates weigh on profitability, with DBS Group posting a smaller-than-expected earnings dip while United Overseas Bank (UOB) took a hit from hefty provisions.
DBS, Southeast Asia's biggest lender, said it expects 2026 net profit to be slightly below this year's after reporting a 2% drop in third-quarter earnings to S$2.95 billion ($2.28 billion), beating analysts' estimates of S$2.72 billion.
