Further opportunities for banks in lending space amid stricter capital requirements, private credit growth
Singapore banks remain a compelling asset class given strong fundamentals; capital position remain unchanged
WHILE banks around the world are cutting back on private corporate lending amid stricter capital requirements and the growth of private credit, market watchers expect that the lenders can evolve to create new opportunities in the lending space.
Singapore banks, in particular, remain compelling as an investment class given that their strong fundamentals and capital position remain unchanged.
Investors have opportunities to step in where bank regulation has made them more capital-intensive, said Michelle Russell-Dowe, global head of securitised products at Schroders Capital. (*See amendment note)
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Yahoo to lay off staff in Singapore as it shifts to content curation
US: Wall St opens higher on megacap strength, Fed verdict awaited
IReit Global occupancy rate grows to 91.5% in Q1
Yen surges against US dollar on suspected intervention
GoTo narrows Q1 loss to 420 billion rupiah with TikTok deal, cost cuts
Asset manager Value Partners cuts one-third of China staff in overhaul: sources