05.04.2016 05:56:00

DBS Bank Ltd. -- Moody's: Singapore's top three banks face increasing challenges at home and abroad

Singapore, April 05, 2016 -- Moody's Investors Service says that Singapore's top three banks -- namely DBS Bank Ltd. (DBS), Oversea-Chinese Banking Corporation Limited (OCBC) and United Overseas Bank Limited (UOB) -- face increasingly challenging operating conditions both at home and in their key regional markets, and as a result rising pressure on asset quality and profitability.

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