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DBS, OCBC, UOB faced with over US$600m total exposure to Hin Leong

More than 20 banks have a combined exposure of at least US$3b to oil trader

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Singapore's three local banks have a combined exposure of at least US$600 million to troubled oil trader Hin Leong Trading, sources familiar with the matter have told The Business Times.

Singapore

SINGAPORE's three local banks have a combined exposure of at least US$600 million to troubled oil trader Hin Leong Trading, sources familiar with the matter have told The Business Times.

Of the three, DBS Group Holdings has the highest exposure at around US$290 million;...

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