Singapore’s major banks have posted steady earnings for the second quarter of 2025, supported by resilient domestic demand and prudent risk management.
DBS, the country’s largest bank, reported a net profit of SGD 2.1 billion, slightly above analyst expectations, while OCBC posted SGD 1.7 billion and UOB earned SGD 1.4 billion.
Despite global headwinds, including weak export demand and ongoing geopolitical tensions, Singapore’s banking sector has demonstrated resilience. Strong consumer lending, stable property markets, and rising fee income from wealth management helped offset lower margins in some areas.
Analysts highlight that conservative provisioning policies and robust capital ratios give Singapore banks an advantage over many regional peers. “The Singapore banking sector continues to be one of the most stable in Asia,” said economist Lim Jia Hao.
Looking ahead, banks remain cautious but optimistic, with plans to invest more in digital platforms and cross-border financial services.
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