Can Singaporean Banks Handle Rising Property Risks?
Fitch Ratings has noted that banks in the region are becoming more and more exposed to property risks. But Director Wee Siang Ng thinks that Singaporean banks are prepared to manage these risks, and that lowering household debt levels here are a good sign. He also touches on the concerns and challenges from rising debt levels in China.
Bring Awedio With You Anywhere, Anytime!
Scan QR code to download our mobile application