《大行報告》花旗港銀收入前景面臨挑戰行業首選中銀香港(02388.HK)
花旗發表研究報告,指本港銀行5月存款按月收縮1%,主要由於定期及活期存款下跌,年初至今存款增長疲弱,首五個月僅輕微上升1.6%。該行指,近期HIBOR波動(1個月HIBOR最高見3%),顯示6月及7月流動性收緊。
該行預期,本港銀行收入前景面臨挑戰,淨息差料今年將見頂,隨後料回落,主要由於美國聯儲局有機會減息、信貸需求轉弱及存款競爭增加所致。由於人民幣貶值、宏觀不明朗因素及流動性收緊,信貸需求疲弱,該行預期2019年貸款增長僅達中單位數。
本港銀行中,花旗首選中銀香港(02388.HK),給予「買入」評級;恆生銀行(00011.HK)給予「中性」評級;東亞銀行(00023.HK)給予「沽售」評級。國際銀行中,匯豐控股(00005.HK)給予「沽售」評級,渣打集團(02888.HK)則近期被降至「中性」評級。
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