• Singapore banks set aside extra allowances to account for heightened uncertainty - The Business Times

    Source: Buzz FX / 09 May 2025 00:11:46   America/Chicago


    [SINGAPORE] The local banking trio have taken extra allowances in their first-quarter 2025 results amid a rise in uncertainty in the macroeconomic environment.
    DBS, OCBC and UOB each said this was a pre-emptive step to beef up their reserve
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