Chitchat Negative interest : uob dbs and ocbc

[Sammyboy RSS Feed]

An honorable member of the Coffee Shop Has Just Posted the Following:

Will negative interest become a reality in Singapore?. One will need to pay the bank interest for putting money inside.

With the recent swiber thingy and now o and g counters mostly tanking, what will be the exposure for local banks if the drop in oil price persist. It's been 1 to 1.5 years since oil price collapse....maybe the o and g companies that has reserve, is also being depleted as the low price grinds on.......

Understand that local banks are becoming very risk averse and not lending that readily......

Is the high revenue and good profits for the local banks days are over?. Or it's just the beginning of things that will start to unravel. Perhaps loading on local banks shares is not such a sure bet after all moving forward.........


Click here to view the whole thread at www.sammyboy.com.