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NRA Capital Pte Ltd

Written by: Lynn Look

Wednesday 4 Jul 2012

Singapore Banks Quarterly: 1Q12 Results Review (Part 3)

A boost from trading gains & RMB trade finance boom

Non-Interest Income accounts for between 40 - 45% of Singapore Banks’ income. This share of income is projected to rise further in the coming years as Singapore banks focus on the burgeoning wealth management market in the region which is still relatively untapped.

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