At a macro-economic level, we have been ushered into a low interest rate environment amid flat to declining Gross Domestic Product (GDP) growth across Bucking the trend | Banking Review 2019 3 Introduction Over the past three years the banking industry has faced unprecedented challenges and a confluence of external drivers. Private banks in Singapore are still looking at growing their books in key markets, albeit rather conservatively. For instance, the S$75million Grant for Equity Market Singapore (GEMS) will boost the local industry, by helping enterprises raise capital through the Singapore’s equity market. The Q3 - Q4 Banking and Financial Services Market Outlook report offer an insight into nine areas, including private banking, contracting, risk and governance, and technology. That said, further compression is likely as S$ rates fall further in a fashion similar to 3MLIBOR.

The majority of the banking business is concentrated in a select few in the industry—six banks are the largest competitors in the economy and hold a major stake of the banking assets in Pakistan. Over the past three years, the storm has worsened.

Singapore’s central bank signaled it’s ready to adjust monetary policy further after easing Monday for the first time since 2016 as risks to the economic growth outlook persist. Asia-Pacific Banking Outlook 2019— Headwinds Are Picking Up . According to data issued by the Monetary Authority of Singapore (MAS), the country’s banking industry had a total asset size of almost US$2 trillion at the end of December 2013. According to Deloitte’s 2019 Banking Industry Outlook, this is the best time to be undergoing this transformation. A yield curve inversion does not cause a recession but it has been an uncanny leading indicator to a recession. Moody’s lowering of its outlook for Singapore’s banking system follows its move to cut the credit rating outlook of the three local banks in March to negative from stable. Shelagh Dolan. January 29, 2:00 p.m. The Pakistan banking industry constitutes a total of around 31 banks, of which five are public-sector and four are foreign, while there are 22 local private banks. “Economic fundamentals are strong, the regulatory climate is favourable, and transformation technologies are more readily accessible, powerful, and economical than ever before,” is the report’s opening message. We’ll discuss: Fitch Solutions Macro Research said this will be a challenging year for the banking sector, given that global outlook risks may spill over to the small and open economy of Singapore… Development Bank of Singapore (DBS) is the largest bank in Singapore by assets and was initially established by the Singapore government to assume industrial financing activities. Fitch Ratings-London-21 November 2018: The sector outlook for Tunisia's banks in 2019 is negative, reflecting the prospect of continued tight liquidity, rising funding costs and weak economic activity, Fitch Ratings says in an Outlook Report on banking in francophone African countries. ET. Trade tensions and higher interest rates will dampen borrowing. Singapore Banks 2020 Outlook - CGS-CIMB Research 2019-12-09: OVERWEIGHT. 2U.S. The U.S. banking industry is in better shape since the 2008 financial crisis, thanks to stronger capital buffers and other reforms brought by the 2010 Dodd-Frank Wall Street Reform and Consumer Protec 2019 Banking Outlook Inversion of yield curve is a good predictor….. Despite the cautious outlook, we expect growth to sustain in the banking and financial services industry. Asia-Pacific Banking Review 2019 — Bracing for consolidation: The quest for scale 1 Bracing for consolidation: The quest for scale In the previous Asia-Pacific Banking Review in 2016, we wrote that the Asia-Pacific banking industry was heading into a storm. Loans extended by Singapore banks is poised to fall to 4% by end-2018 and 3% by 2019 as deepening US-China trade tensions and an upswing in interest rates continue to weigh in on sentiment, according to Fitch Solutions. There may be no better time than now for banks to reimagine transformation and pursue strategic change in 2019. The 10-2 year Treasury yield (2s10s) spread is currently at its lowest level since June 2007. 1. private banking. The bank’s NIMs have been the most resilient among its peers in the face of multiple policy rate cuts in the region. December 4, 2018 ... have progressively made numerous negative adjustments to our banking industry country risk assessments ... Singapore, Hong Kong, Japan, South Korea, Australia, New Zealand and Taiwan (see chart 4 ). Singapore’s banks play a crucial role in financing local and regional growth. Fitch Solutions Macro Research said this will be a challenging year for the banking sector, given that global outlook risks may spill over to the small and open economy of Singapore… A decade after the financial crisis, the global banking industry is on firmer ground.