Chart of the Day: Singapore banks to suffer from weak market-related income in 4Q14

Also, trade loans could fall faster than expected.

Analysts estimate that loans grew ~2% q/q in 4Q14, driven by corporate and non-housing retail loans.

According to a report by Barclays, steady fee income is expected for banks as they continue to focus on fees in the low interest rate environment. However, the banks are likely going to be impacted by weaker market-related and trading income in 4Q.

Analysts forecast 10% fee income growth for FY15 driven by wealth management and client activity, but see downside risk on loan-related fees if trade loans fall faster than anticipated.
 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.