SUBSCRIBERS

9 in 10 bids to defer mortgage payments get approval

Banks in Singapore have also approved most deferments sought by SMEs on secured loans

Published Tue, May 26, 2020 · 09:50 PM

Singapore

BANKS have approved about nine in 10 applications by property buyers to defer the payment of their mortgages.

They have also approved more than 90 per cent of applications submitted by small and medium-sized enterprises (SMEs) to defer payments on secured loans.

KEYWORDS IN THIS ARTICLE

Singapore property

Loans

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Banking & Finance

UBS weighs synthetic risk transfer amid capital boost proposals
Money laundering accused Zhang Ruijin slapped with 5 more charges days before scheduled guilty plea
Japanese yen slides back towards 34-year low after brief spike
China’s Bank of Communications Q1 profit rises 1.44%
HSBC’s private bank shuts independent asset management business in HK, Singapore
Nomura Q4 net profit jumps almost eight-fold on retail income surge

Purchase this article

Companies & Markets

9 in 10 bids to defer mortgage payments get approval

KEYWORDS IN THIS ARTICLE

Banking & Finance

UBS weighs synthetic risk transfer amid capital boost proposals

Money laundering accused Zhang Ruijin slapped with 5 more charges days before scheduled guilty plea

Japanese yen slides back towards 34-year low after brief spike

China’s Bank of Communications Q1 profit rises 1.44%

HSBC’s private bank shuts independent asset management business in HK, Singapore

Nomura Q4 net profit jumps almost eight-fold on retail income surge

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT