For subscribers
No exposure to troubled Evergrande, say Singapore banks
Sign up now: Get ST's newsletters delivered to your inbox
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore banks do not have any exposure to troubled Chinese property conglomerate Evergrande.
That is the message being put out by the three local banks as the Shenzhen-based property company faces potential bankruptcy, and is weighed down by some US$300 billion (S$405.8 billion) in debt.
