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Banking crisis? Singapore banks on sound footing

37503716 - 18_02_2016 - pixfinance.jpg
Singapore banks are in for tough times in 2016, but a collapse of the banking sector is unlikely, despite alarmist calls from a few hedge funds in recent weeks.

SINGAPORE banks are in for tough times in 2016, but a collapse of the banking sector is unlikely, despite alarmist calls from a few hedge funds in recent weeks. Investors who fear a banking crisis should take heart that Singapore banks follow stringent and unique domestic standards when setting...

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