Singapore Banks Take a Hit from Swiber
Christina Woon, Assistant Investment Manager, Aberdeen Asset Management
26-Aug-16 09:20
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Earnings remain muted for major banks like DBS and OCBC, as the finance sector reels from the collapse of Swiber. Small pockets of growth were seen in a pick-up of household and trade loans.
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Tags: DBS Bank, OCBC, Swiber, Oil and Gas