Singapore Banks: Are the Premiums Justified?

Singapore’s three banks, DBS, OCBC and UOB, announced strong second quarter earnings recently, which significantly impacted the movement of Singapore’s stock market . Thilan Wickramasinghe, Head of Research Singapore & Regional Head of Financials at Maybank Investment Banking Group, talks about if current valuations justify the premiums.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.