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Moody's upgrades outlook for S'pore banking system to stable

Change from "negative outlook" reflects improving growth conditions and stabilising commodity prices
Thursday, June 1, 2017 - 05:50

Funding, liquidity will remain key strengths, says Moody's.


SINGAPORE banks have received another thumbs-up as they continue to benefit from improving economic fundamentals.

Moody's Investors Service on Wednesday changed its outlook for Singapore's banking system to stable from negative.

This reflects improving growth

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