Singapore Banks Facing Earnings Stumble as Bad Loans, Sibor Bite

  • Largest lenders may boost provisions for nonperforming loans
  • Drop in interbank borrowing costs may drag on interest margins
Photographer: Brent Lewin/Bloomberg

Earnings reports due soon from Singapore’s largest banks may show their second-quarter profits were crimped by higher buffers for soured loans and a faltering rally in domestic interest rates.

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