The Motley Fool Singapore
Which Singapore Bank Share Is The Best Investment Opportunity Now (Part 2)?
In Singapore’s stock market, the three major bank shares are DBS Group Holdings Ltd (SGX: D05), Oversea-Chinese Banking Corporation Limited (SGX: O39), and United Overseas Bank Ltd (SGX: U11). After peaking in April this year, the three banks have seen their share prices decline by around 20% each from their respective highs. The recent fall in DBS Group, OCBC, and UOB’s share prices may have led to some investors wondering which bank they should consider investing in now. There’s no easy answer, but I want to directly compare the important business and valuation aspects of the three banks in a mini article-series. This article is the second in the series and it compares the long-term track record of growth of the banking trio; the objective is to find out which bank did