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Telegram Group: The InvestQuestWhatsapp Broadcast: Just send “Hello IQ” to +65 8840 2520 If you’ve followed our blog, you might have read our earlier article on the Singapore Banks: In that earlier article, we summarized our bullish view on the sector, having made comparisons between the operating and valuation metrics of the Singapore Banks then versus the 2008-09 crisis period. And since publishing that article, the Singapore Banks have rallied by 20%! Given the price rally and with updated data from 3Q20 results announced in November, we now ask ourselves what the current risk-reward looks like for DBS, OCBC and UOB. Disclaimer: This represents our personal investment views and should not be relied upon for your investment decisions. Please do your own due diligence.The Good: Operating metrics of the Singapore Banks are holding up decently. Net interest margins seem
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