Diving deeper into the trio’s client base

Turning to loan composition, we review if there is any stress on the major client segments for each of the three banks.

For DBS Group, building and construction loans made up slightly more than a quarter of gross loans while housing loans took up 19.2% of its loan book.

The construction sector is seeing an improvement in its fortunes as pandemic-related restrictions have been eased, while property-related loans are backed by suitable collateral in physical property.

UOB also has slightly more than half of its loans in the two sectors above.

OCBC, like its peers, also has 51% of its loan book in building and construction and housing loans.