Singapore banks to post higher Q4 profit, but Trump tariffs could hurt 2025 growth
Singaporean banks are set to report stronger profits for the fourth quarter, but growth could take a hit this year as U.S. President Donald Trump's trade tariffs and other policies threaten to undermine the global economy, analysts say. Singaporean banks, Southeast Asia's largest by assets, are forecast to post higher fourth quarter net profit on-year, driven by robust net interest income and higher fees income, LSEG estimates showed.