In the fourth quarter of 2022, the US Federal Reserve increased interest rates by a total of 125 basis points. Entities like banks and insurance companies typically profit from rising interest rates. This is due to profit margins that actually increase as rates rise. The banking sector in Singapore is one of the most developed in Asia. This is mainly led by the three local banks, DBS, OCBC and UOB. As of 24 February 2023, all three local Singapore banks have reported their Q4 earnings. On a whole, all three banks have reported seemingly great results for the year. All banks have reported significant earnings growth ranging from 34% to 68%. Given their great performance, could this be an opportune time to invest in them? And if so, which SG bank stock appears to be the most appealing at this point in time? Q4 Results Breakdown for the Singapore Local Banks As all the banks reported their Q4 earnings, it’s a good time...