BUSINESSES that qualify to defer payments for their secured property loans, as well as distressed property owners doing so for residential mortgages, will not be subject to thresholds set by the total debt servicing ratio (TDSR), the Monetary Authority of Singapore (MAS) said on Tuesday.
Recent Posts
Most Popular
Borrowing strain hits NAB’s Q1 profit, shares dive
NATIONAL Australia Bank, the country’s biggest business lender, said on Wednesday that first-quarter profit slipped as competition for customers ate into margins...
Norinchukin CEO plans to resign after massive bond losses
A government panel of experts has urged Norinchukin to diversify its bond-heavy portfolio and bring in more outside talent
Aussie lender NAB’s cash earnings fall on high arrears and costs, shares tank
NATIONAL Australia Bank (NAB), the country’s biggest business lender, said first-quarter profit slipped as competition for customers ate into margins and more...
UOB beats expectations with Q4 profit up 8.6% to S$1.52 billion; announces S$3 billion...
The lender has proposed a final dividend of S$0.92 per share and special dividend of S$0.50 per ordinary share