Ezra's woes: CIMB gauges fallout on the Big Three banks

Singapore

DBS could have the largest exposure to the beleaguered Ezra group among the banks - more than S$600 million - a CIMB report estimated this week as it made an attempt to suss out the impact of Ezra on Singapore banks.

Assuming the debt of each company under Ezra's stable is equally split among the Big Three banks, DBS's exposure to the Ezra group would stand at S$637 million; its larger exposure comes from its lending to EMAS Chiyoda Subsea (ECS), Ezra's joint venture (JV) partners in its subsea business.