Analyst Week: Banks and REITs Sector

Speaker: Mr Jonathan Koh,  Director,  Research

Singapore banks benefit from the government's strong response in terms of fiscal policy and risk-sharing loan schemes. The local banks have also shown inclination to maintain stable dividends unlike the overseas ones who have suspended dividends.  We will address the key considerations on investing in Singapore banks during this COVID-19 period.

S-REITs remain well supported by banks who view them as credit-worthy borrowers.  We continue to like industrial REITs as they benefit from resumption of industrial production and recovery in domestic exports, and also logistics REITs which are unaffected by social distancing measures.  We will share selective recovery picks that will benefit from the gradual easing of Circuit Breaker measures.