With Global liquidity squeezed, a large numbers of foreign banks in SG exposed.
#7

(16-03-2023, 12:31 AM)Dan Wrote:  That makes it even harder for PAP to boast

In time like this, fearing of more Banks collapsing soon, those banks with excess liquidity will not lend while those short unable to borrow.

Customers becoming more selective to put their money. 

News reported Bank of America recorded customers deposits increased by few hundreds billions $$$. While some other banks facing a run.
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