S'pore banks in strong position to maintain dividends amid potential rate hikes: Analysts

The three local lenders have already restored dividends to pre-pandemic levels. PHOTO: ST FILE
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SINGAPORE - Banks here are in a good position to maintain their dividend payouts amid potential interest rate hikes, said analysts.

The three local lenders have already restored dividends to pre-pandemic levels after the Monetary Authority of Singapore last July lifted restrictions that capped payouts per share for the 2020 financial year at 60 per cent of the previous year's level.

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