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S'pore banks 'can absorb increasing risks'

S&P report notes that their Tier 1 capital ratios average 12-13 per cent, above the regulatory 8 per cent minimum
Wednesday, August 12, 2015 - 05:50
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The strong capital positions of the three Singapore banks will be a buffer against the higher number of soured loans expected when interest rates rise from their current low levels, a Standard & Poor's (S&P) analyst has said.

Singapore

THE strong capital positions of the three Singapore banks will be a buffer against the higher number of soured loans expected when interest rates rise from their current low levels, a Standard & Poor's (S&P) analyst has said.

"Their capitalisation is quite high,"

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