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Singapore banking system may be among first to recover: S&P

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The S&P Global Ratings Report identifies Singapore's banking system as an "early exiter" with low negative fallout from the effects of the Covid-19 pandemic. Recovery is expected by end-2022.

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'...

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