You are here

Singapore banks ending year with 15-20% stock price fall

But lenders seen having built business buffers; China, commodity exposure fears also said to be overblown

singaporebanks.jpg
Singapore banks are set to close 2015 with their shares down 15-20 per cent from the start of the year, as concerns of slow growth in the Republic and the region outweigh hopes of gains from higher interest rates and fee income.

Singapore

SINGAPORE banks are set to close 2015 with their shares down 15-20 per cent from the start of the year, as concerns of slow growth in the Republic and the region outweigh hopes of gains from higher interest rates and fee income.

One indicator is bank lending in Singapore