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2012 to be Tough Year for Singapore Banks

2012 to be Tough Year for Singapore Banks

Cyrus Daruwala, managing director, Asia Pacific at Financial Insights expects loan books of Singapore banks to shrink by 15% on the back of recent tightening measures in property sector. He also expects slides in unstructured lending and fee incomes.

CNBC | February 9, 2012Watch more videos from CNBC

Tags:. .unstructured. .lending. .tightening. .singapore. .fee

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