Tan Nai Lun

Tan Nai Lun

CORRESPONDENT

Tan Nai Lun is a correspondent with BT, covering the banking and finance sectors. Nai Lun graduated from Nanyang Technological University with a double major in communications and business.

On Monday (Feb 9), DBS posted a 10 per cent fall in net profit to S$2.26 billion for the fourth quarter ended Dec 31, 2025.

DBS capital return plans remain bright spot even with weaker earnings ahead: analysts

For 2026, the lender sees total income around 2025 levels and net profit slightly below 2025 levels

DBS chief executive Tan Su Shan expects that the bank will continue to benefit from customers’ search for safe havens, as the bank positions itself as a “safe, long-term, dependable and future-forward bank”.

DBS CEO Tan Su Shan urges investors to ‘buckle up’ for volatile 2026; income outlook steady despite Q4 profit miss

Q4 profit down 10% at S$2.26 billion; pays higher S$0.81 per share in dividends

BTS will perform here for four nights in December, making Singapore the boy band's longest tour stop in South-east Asia.

Singapore bets on K-pop’s soft power for long-term tourism and branding gains

Upcoming BTS concerts expected to lift tourism, though economic impact may be shy of Taylor Swift’s Eras tour effect

The banking trio are set to release their fourth-quarter and full-year 2025 results in February, beginning with DBS on the 9th, then UOB on the 24th and OCBC on the 25th.

Margin relief lifts outlook for DBS, OCBC and UOB, extending Singapore bank rally

Sentiment remains largely positive on the sector amid resilient asset quality, steady capital returns

Travel was “the stand-out category” in 2025, with travel merchant spend growing 2.5 times more than the average spend, while cross-border spending boomed.

AI boom lifts outbound travel as Singapore, Apac economies splurge abroad

Japan, South Korea and China see strong inbound travel amid demand for pop culture tourism

Singapore CBD skyline

Securities financing gains traction among Singapore banks amid global demand, wealth inflows

While interest for SGX stocks are still limited, equities reform can encourage more activity, observers say

Loans and advances – including bills financing – from commercial banks to residents rose 1.5 per cent to S$886.1 billion, from S$873.1 billion in November.

Singapore bank lending hits fastest monthly growth since December 2024

This was driven primarily by an increase in loans to businesses

OCBC’s programme will cover retail and corporate customers of OCBC Securities, and clients of Bank of Singapore.

OCBC taps Citi to roll out securities lending for clients, following Maybank’s earlier move

This covers retail and corporate customers of OCBC Securities and clients of Bank of Singapore

“Lifelong continuous learning… is the type of mentality that I hope to nurture in this place,” said Lee Zhu Kuang, UOB's group head of innovation group.
THE BANKER

AI is changing banking jobs, forcing a rethink of skills: UOB’s innovation head

Lenders must ensure employees can adapt to technology in a ‘comfortable’ way, Lee Zhu Kuang says

Market observers pointed out that years of rate swings have left borrowers cautious, with many prioritising predictable monthly repayments even as floating rate packages get more attractive.

Floating rates are back on the radar, but fixed mortgages still rule Singapore’s home loans

After several years of rate volatility, many borrowers are placing greater emphasis on certainty