Singapore banking system may be among first to recover: S&P
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SINGAPORE'S banking system may be among the first to recover to pre-Covid-19 levels, S&P Global Ratings said in a report on Thursday.
The Republic's banking system was identified as an "early-exiter" with low negative impact, relative to other banking jurisdictions' recovery prospects.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities