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Moody's upgrades outlook for S'pore banking system to stable

Change from "negative outlook" reflects improving growth conditions and stabilising commodity prices

Published Wed, May 31, 2017 · 09:50 PM

    Singapore

    SINGAPORE banks have received another thumbs-up as they continue to benefit from improving economic fundamentals.

    Moody's Investors Service on Wednesday changed its outlook for Singapore's banking system to stable from negative.

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