Some banks going the extra mile to help offshore sector - for now
Banks with larger exposure work with clients beyond just debt restructuring to alleviate stress imposed by low oil prices
Singapore
BANKS are proactively managing their exposure to the beleaguered offshore and marine (O&M) industry, working with their clients beyond debt restructuring to help them tide over the current market trough.
But the O&M sector may still see creditors adopt a less accommodating stance, especially if industry conditions further deteriorate, market watchers warn.
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