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Singapore Banks in Momentum: DBS, UOB, and OCBC Show Strength in 2023
The trio of Singapore's leading banks—DBS, UOB, and OCBC—are making notable strides as they kick off 2023, buoyed by a favorable environment of rising interest rates. This positive momentum follows a record-breaking year for bank profits in 2022, prompting analysts and investors to ask: Will this strength persist?