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Singapore banks' results to reflect double whammy of low rates, weak growth

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Singapore banks are likely to report their average net interest margins fell the most quarteronquarter in 18 years as interest rates weakened, while profits on the year are seen taking a hit from the impact of the COVID19 pandemic and weak asset quality.

from Top Business News- News18.com
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Singapore banks' results to reflect double whammy of low rates, weak growth Singapore banks' results to reflect double whammy of low rates, weak growth Reviewed by Team Exprssnews on August 03, 2020 Rating: 5

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