Will MAS dividend cap prompt DBS, OCBC and UOB to downplay their performance?

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Will MAS_sg dividend cap prompt DBSBank, OCBCBank and UOB to downplay their performance?

This past week, the Monetary Authority of Singapore dealt a blow to investors by calling on the local banks to cap their dividends.THIS past week, the Monetary Authority of Singapore dealt a blow to investors by calling on the local banks to cap their dividends.

"We are fortunate that banks in Singapore entered the Covid-19 pandemic with strong capital positions. All the same, MAS wants to ensure the banks'...

 

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