DBS, South East Asia’s biggest lender, has total deposits from December 2019 and March 2023 of $529 billion, an increase of 31 per cent
SINGAPORE: Despite the uncertainties felt all around the globe, Singapore is perceived to be so much of a safe haven that banks have had an influx of deposits and not enough choices as to where they can be deployed, with the lending environment remaining “tepid.”he country’s central bank, the Monetary Authority of Singapore , $30 billion.
He also noted that “we benefit from deposit inflows” and that “our deposit market share has continued to creep up.”
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