Hi csl123, wee, thank you for sharing your thoughts!
(25-01-2016, 10:12 PM)csl123 Wrote: [ -> ] (24-01-2016, 12:17 PM)gzbkel Wrote: [ -> ] (24-01-2016, 12:03 PM)csl123 Wrote: [ -> ] (21-01-2016, 02:58 PM)gzbkel Wrote: [ -> ]Looking at latest quarterly report, total liabilities/total equity is as follows:
DBS = 10.58
OCBC = 10.78
UOB = 9.7
This ratio has not much relevance when analysing banks.
What would be the more relevant ratios? Hope to learn more about banks, thank you.
% ROA, % NPL, NIM, Expense to Income, Loans to Deposit, Deposit Growth. These measures, capital efficiency, risk management, operational efficiency, growth potential.
IMO, P/B is more of a market perception of the stock. Not a direct measure of the inherent business value.
%ROA and %NPL being the most critical ratios for the traditional banking business.
If you have non-interest income, things get complicated as you have mark-to-market valuations.
Example of Bank/Finance KPI...
[img]<table style=[/img]
![[Image: DBS%252520KPI%2525202015.png]](https://lh3.googleusercontent.com/-_FJHyPi883E/Vqd5M3eB7LI/AAAAAAAACSk/5_GE5DUPtV4/s640-Ic42/DBS%252520KPI%2525202015.png)
PE funds are focusing on China market. OCBC PE unit has done well...
(not vested)
OCBC’s PE unit divests stake in Tsingda eEdu for nearly US$60 million
SINGAPORE (Jan 28): OCBC Bank ( Valuation: 2.55, Fundamental: 2.20)’s private equity investment unit Mezzanine Capital Unit (MCU) has sold its stake in Tsingda eEdu Corporation, returning nearly three times on a US$20 million investment made just back in August 2014.
...
http://www.theedgemarkets.com/sg/article...60-million
^^ is the former OCBC Walden?
OCBC has endorsed the fintech. IIRC, the first local bank to endorse the tech? I recall, DBS has expressed its intention, but no concrete move till to date.
(not vested)
OCBC enters fintech arena with Open Vault
03 Feb 2016 09:00
By Wong Wei Han
OCBC has started a new unit to drive its partnership with financial technology start-ups to help it capitalise on innovative systems that are being developed.
The Open Vault at OCBC, as the unit is known, will bring in fintech start-ups to use the bank's database and interfaces to test and develop new ideas into solutions. It will focus on wealth management, credit and financing, insurance, cyber security and artificial intelligence.
OCBC will own any new solutions emerging from The Open Vault.
The launch of The Open Vault reflects the banking sector's heightened attention on the impact and opportunities arising from fintech.
...
Source: Straits Times
(03-02-2016, 11:02 AM)CityFarmer Wrote: [ -> ]OCBC has endorsed the fintech. IIRC, the first local bank to endorse the tech? I recall, DBS has expressed its intention, but no concrete move till to date.
(not vested)
OCBC enters fintech arena with Open Vault
03 Feb 2016 09:00
By Wong Wei Han
OCBC has started a new unit to drive its partnership with financial technology start-ups to help it capitalise on innovative systems that are being developed.
The Open Vault at OCBC, as the unit is known, will bring in fintech start-ups to use the bank's database and interfaces to test and develop new ideas into solutions. It will focus on wealth management, credit and financing, insurance, cyber security and artificial intelligence.
OCBC will own any new solutions emerging from The Open Vault.
The launch of The Open Vault reflects the banking sector's heightened attention on the impact and opportunities arising from fintech.
...
Source: Straits Times
Other than making new trading algorithms, the only exciting thing to come out of there would be maybe a new locally designed bitcoin system.
(03-02-2016, 11:14 AM)BlueKelah Wrote: [ -> ]Other than making new trading algorithms, the only exciting thing to come out of there would be maybe a new locally designed bitcoin system.
You are very likely be surprised by the importance of fintech.
PM Lee has highlighted it in one of his speech recently. DBS's CEO has identified them as likely disruption to banking sector, to name a few.
(not vested)
(28-01-2016, 06:31 PM)opmi Wrote: [ -> ]^^ is the former OCBC Walden?
No. Mezzanine Capital Unit in invests mainly the bank's money although they recently started a 3rd party fund.
OCBC Walden is now OWW:
http://www.oww.com.sg
What is the criteria of NPL for the banks? 90 days of default?
