Low rates to limit bank profits
Profitability at local banks will be constrained in the coming year by narrow net interest margins, Standard & Poor’s said.
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Moody’s: Singapore govt’s effort to stabilise property market will benefit banks
KUALA LUMPUR: The Singapore government’s recent decision to impose its third batch of measures to encourage greater financial prudence among property buyers and to stabilise property prices would benefit banks, according to Moody’s Investors Service. The ratings agency’s vice president – senior credit officer Christine Kuo said Singaporean banks will benefit over the medium term as their …
Read more on The Edge
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