$OCBC Bank(O39.SI)$ OCBC will

$OCBC Bank(O39.SI)$ OCBC will benefit from Sg JB economic zone opening. Companies setting up there will need financing. Iran war keeps interest rates high so banks benefit. It also pushes wealth there to here. At this point I cannot see the end of the war so the influx of wealth continues. Even if the war ends, the situation in Middle East has changed permanently for the worse. Iran will hold more power over Hormuz as US cannot afford to station navy there permanently. So with Iran having the upper hand on Hormuz, the shift of power to Iran means a more volatile Middle East and they will make sure they have tight grip on Hormuz. Wealth will continue to flow out of Middle East.

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Bk99
14:31
Bk99
Why only OCBC ???
- Hummit:
  Cos OCBC has full banking licence in Malaysia. DBS don’t have

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