(August 15 06:00) Sbr.com.sg
Submitted By:
Sandra Sendingan
Case Study:
No
New NPL formation rose for all three banks in Q2 due to large overseas exposures.
Although the non-performing loan (NPL) ratio of all three banks held steady at 1.5% in the first six months of 2019, banks in Singapore should brace in anticipation of mounting risks that will weigh in on asset quality and push credit costs up, according to Moody’s Investors Service.
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