Maybank Securities downgraded his rating on
Singapore banks to “neutral” as he sees non-performing loan (NPL) risks mounting.
https://www.theedgesingapore.com/capital/brokers-calls/maybank-downgrades-singapore-banks-neutral-npl-risks-lowers-uob-and-ocbc-hold
https://www.theedgesingapore.com/capital/brokers-calls/maybank-downgrades-singapore-banks-neutral-npl-risks-lowers-uob-and-ocbc-hold