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Singapore banks' exposure to oil firms manageable: report (Amended)

Published Wed, Dec 17, 2014 · 09:50 PM

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Singapore

SINGAPORE banks have exposures to major oil-and-gas players in the Republic and in Malaysia, but these are manageable, a recent Maybank-Kim Eng Research report said.

By looking through disclosures of oil-and-gas companies' principal bankers, senior analyst Ng Wee Siang found that Singapore banks are exposed to several Singapore-listed names. Banks here do not disclose directly their lending to the oil-and-gas sector.

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