Singapore banks' asset quality
Singapore bank profits to peak in 2023, but high rates will dampen lending
Singapore bank profits to peak in 2023, but high rates will dampen lending
Margins will peak mid-year, but loan demand is falling.
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1. MAS backs Singapore's finance edge as global risks deepen 2. More than half of Filipinos have financial accounts but few hold bank accounts 3. Digital wallets seize 65% of APAC payments 4. CommBank tests AI banking assistant in app pilot 5. Singapore to slash private bank account opening to under a monthResource Center
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Monitor Deloitte's Prashant Krishnan urged banks to transform their relationship models to meet these demands.
Commentary
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