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MAS flags risks of financial stress ahead amid uneven economic recovery in 2021

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The risk of financial stresses remains during this protracted recovery period, said the annual Financial Stability Review of the MAS released on Tuesday.

CORPORATES, households and banks in Singapore have held steady and resilient amid the outbreak of the Covid-19 pandemic, with relatively healthy balance sheets and for lenders, strong capital positions.

But the uneven trajectory of economic recovery next year will impinge on jobs and...

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