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Qingdao scandal: S'pore banks say they review their loans regularly

OCBC has no exposure, DBS 'not terribly concerned', UOB believes in its risk management

Singapore

SINGAPORE'S three local banks said yesterday that they regularly review their loans amid a widening scandal involving false receipts at China's Qingdao port.

"While we are in commodities finance, we have been prudent in our review of customers and in managing risks," said...

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