You are here

MAS FINANCIAL STABILITY REVIEW

Asian banks need to watch exposure to riskier funding

But Singapore banks have cut their wholesale funding and have lower costs than Asia-10 average

40254205.2 (40711928) - 29_11_2016 - generics.jpg
The era of loose monetary policy has been a double-edged sword for Asian banks because of the drive towards cheaper, but less stable, wholesale funding, a research report by the Monetary Authority of Singapore (MAS) on Tuesday said.

Singapore

THE era of loose monetary policy has been a double-edged sword for Asian banks because of the drive towards cheaper, but less stable, wholesale funding, a research report by the Monetary Authority of Singapore (MAS) on Tuesday said.

The report said Asian banks mostly