Singapore banks see 10% of portfolio vulnerable to virus outbreak impact

SWEPT into fresh uncertainty from the virus outbreak, Singapore banks are cautious over the next three to six months, with about 10 per cent of their total loan portfolio seen to be exposed to vulnerable sectors for now.

The trio wrapped up the full-year 2019 results season that met or exceeded market expectations with their record showing, and raised their dividend payout from a year ago.

But with questions lingering over how the novel coronavirus will further test global …

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