MAS urges vigilance amid rising risks

Monetary Authority of Singapore
George Johnson

Singapore’s central bank warns of rising risks to global financial stability amid a synchronised slowdown and ongoing trade tensions, although it views the city-state’s domestic financial system as resilient.

Corporate leverage is stable, while household balance sheets have strengthened, the Monetary Authority of Singapore (MAS) says in its annual Financial Stability Review, published on November 28.

The central bank urges vigilance, citing elevated corporate debt levels and strong headwinds

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