Hey, everyone. It's been a long time since I've posted - I apologize, I've been busy with personal projects and school. After the recent market dip, I received a few queries regarding local bank stocks and their viability. I've always thought about adding a bank stock to my portfolio for the purposes of diversification, but never got around to it. So I thought today would be a good time to take a look at OCBC Bank (O39). A couple of weeks ago, the US Federal Reserve announced a hike to its benchmark interest rate - an increase to 2.25% from 2%. Interest rates in Singapore (e.g. SIBOR) are likely to increase, mirroring the rise in US interest rates. This could represent a potential driver of growth for the bank's Net Interest Margin (NIM - Interest Earned minus Interest Paid Out). Mortgage loans are likely to be ......