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Singapore's financial sector still resilient despite Covid-19: Tharman

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Lee U-Wen

Lee U-Wen

Published Wed, Aug 26, 2020 · 09:50 PM

Singapore

THE safety and soundness of Singapore's financial sector must be sustained as this is critical to support the economy through the current downturn as well as the future recovery.

Making this point on Wednesday, Senior Minister Tharman Shanmugaratnam said that banks and insurance companies generally entered the crisis with financially strong balance sheets.

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Monetary Authority of SingaporeTharman ShanmugaratnamHeng Swee KeatCovid-19

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