DBS: Best Bank In The World

Seeking Alpha | Jun 12, 2019 at 12:26 AM
  • 2019, Moody’s has recently pointed out that Singapore banks’ bad loan ratio may hit 1.7% by 2020.
  • It does this through the release of land to affect supply and demand, and also through its Monetary Authority of Singapore’s intervention in how much banks are able to lend on each property, and through discouraging speculative purchases by adjusting the Stamp Duty buyers have to pay upon purchase of properties.
  • This is also Moody’s conclusion as it sees NPL ratio staying low as the strong labor market and macroprudential measures limit credit growth in this segment at about 1% as regulatory restrictions on the origination of riskier mortgages help banks maintain strong asset quality.