SINGAPORE (Apr 10): Singapore’s banking system has remained resilient even as global and regional  non-performing loan (NPL) numbers continue their uptrend, says financial services firm Deloitte & Touche.  

According to the inaugural Deleveraging Asia 2018 report from Deloitte, NPLs are rising up on the regional agenda with unofficial numbers pointing to a much higher figure than the official US$518 billion ($679 billion) of NPLs on the balance sheet of Asian banks.

This comes as the global loan portfolio market – which has been geographically centered on Europe over the last few years – has begun to shift towards Asia as a result of investors seeking alternative loan portfolio opportunities, says the firm.

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