MAS financial stability review

Local banks 'resilient' in 2023, but MAS warns of deteriorating asset quality, climate transition risks - THE EDGE SINGAPORE

Singapore economy

Local banks 'resilient' in 2023, but MAS warns of deteriorating asset quality, climate transition risks

Listcos, especially those with larger absolute debt and leverage ratios, have adequately hedged against interest rate risks.
Challenging global environment and heightened economic uncertainties could impact credit quality in quarters ahead: MAS - THE EDGE SINGAPORE

Singapore economy

Challenging global environment and heightened economic uncertainties could impact credit quality in quarters ahead: MAS

In its FSR, MAS also warned that the Singapore economy is expected to slow to a pace that’s “below-trend” in 2023.
Singapore households face rising mortgage debt; financial system must stay prudent amid 'considerable uncertainty': MAS - THE EDGE SINGAPORE

Singapore economy

Singapore households face rising mortgage debt; financial system must stay prudent amid 'considerable uncertainty': MAS

Singapore’s buoyant property market has seemingly triggered slightly higher debt levels amongst households, compared to pre-Covid.
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