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NRA Capital Pte Ltd

Written by: Lynn Look

Friday 18 Dec 2015

Singapore Banks - 2015 3rd Quarterly Review

Higher NIMs to offset slower loans growth

Loans growth fallen to low single digit in 3Q. Excluding currency effects, loans growth by the three local banks came in around 2% to 5.5% in 3Q. Full year loan projection for this year maintained at mid-single digit by the three banks.

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