You are here

S'pore banks 'can absorb increasing risks'

S&P report notes that their Tier 1 capital ratios average 12-13 per cent, above the regulatory 8 per cent minimum

uob.jpg
The strong capital positions of the three Singapore banks will be a buffer against the higher number of soured loans expected when interest rates rise from their current low levels, a Standard & Poor's (S&P) analyst has said.

Singapore

THE strong capital positions of the three Singapore banks will be a buffer against the higher number of soured loans expected when interest rates rise from their current low levels, a Standard & Poor's (S&P) analyst has said.

"Their capitalisation is quite high,"...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes