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Singapore banks’ weak operating environment weighing on ratings: Fitch

admin by admin
September 1, 2020
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Singapore banks’ weak operating environment weighing on ratings: Fitch
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SINGAPORE banks' capital ratios should be sustained at around 14 per cent over the next few years, or they risk triggering a rating downgrade, warned Fitch Ratings.

This comes as deteriorating asset quality and profitability is likely to put downward pressure on capital ratios at a time…

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