Among the concerns cited, a slower-than-expected growth outlook for China was top of mind as this could have implications for corporates, funds and loan portfolios that have significant exposures to the country.
Singapore’s financial institutions were most concerned about uncertainty in the macroeconomic environment including a slowdown in growth and a resurgence in inflation.
Geopolitical risk as well as trade tensions and uncertain policies from newly-elected governments were also cited as risks, says the Monetary Authority of Singapore (MAS) in its financial stability review released on Nov 27.
