DBS Group Holdings Ltd

D05: XSES (SGP)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Singapore Banks' Uncertainty Ratings Lowered to Low as Tariff Risks Ease

Michael Makdad

Aug 29, 2025

We are lowering the Morningstar Uncertainty Ratings for the Singapore banks we cover—DBS Group Holdings, Oversea-Chinese Banking, and United Overseas Bank—to Low from Medium.

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DBS Group Holdings Ltd

Singapore Banks' Uncertainty Ratings Lowered to Low as Tariff Risks Ease

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