After the Events of Bank of Silicon Valley and Credit Suisse: Examining the Investment Risks of Three Banks in Singapore
SVB had recognised a US$1.8 billion loss on its US$21 billion available-for-sale (AFS) securities portfolio as of 31 December 2022.
For DBS Group, it had reported an unrealised loss of S$1.86 billion on its bond holdings for 2022.
Singapore’s largest bank, however, had a solid equity base of S$56.9 billion as of 31 December 2022.
For UOB, its unrealised losses on its bond portfolio stood at S$1.34 billion on an equity base of S$43.4 billion.
OCBC reported fair value losses of S$2.16 billion on its investment portfolio but had a robust equity base of S$53.1 billion at the end of 2022.
These numbers show that all three local banks suffered unrealised losses on their bonds portfolio, but the ability to hold these securities to maturity means that the losses will not impact the lenders’ net profit.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
搞经济 抄底 加仓 : Seriously?? comparing SG banks with those small
flys ? Get your bank comparison data correctly.
101569267 : U miss the big picture completely. Look first and foremost, who are the their biggest shareholders. Then if you believe these shareholders will not let the banks collapse, measure their worth next.
Pandas : Relax guys… its just his views….
whqqq : I will refer to these carefully, thank you.