You are here

HOCK LOCK SIEW

Singapore banks missing the boat in booming S-E Asia

Thursday, October 13, 2016 - 05:50

BT_20161013_LSHLS13_2544670.jpg
Domestic sluggish growth, the property market slump and the weak interest rate environment have contributed to poorer earnings for the local banks.

THE three local banks are not having a good year, mostly due to forces beyond their control, but they seem to be also scoring own goals - missing opportunities right on their doorstep, our South-east Asian neighbours.

The past two decades have been a waste in terms of what they should

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom