Recently Released Market Study: Singapore Commercial Banking Report Q4 2012
BMI View: Despite the risks inherent in a small yet highly trade-exposed economy such as Singapore's, the city-state's banking sector is on solid footing to deal with a global economic slowdown. While a slowing real estate sector, threats to exporters, and foreign currency loans all present risks to Singapore's three largest banks, these risks are manageable even in the event of an acute global financial crisis. That being said, profits growth will likely be challenged as loan growth retreats from...
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