[cwc29]

Rate hike good for the bank
One percent rate hike is  +2 billion profit per annum for dbs bank roughly
So other local bank should be positive too
and there's prolly another 75 bp to go this year
Remember a year ago fed interest rate was near jilo, now around 4++

So is a few billions extra income, easy money for the banks

they need to pay high interest rates also lampar par lan tio boh .. if less borrowing then how ?!!