Chart of the Day: Check out the banking sector's NPL ratios by sector

Overall NPL ratio increased to 2.1%, led by manufacturing, and transport, storage and communications.

According to Citi Research, asset quality concerns remain persistent, with the overall NPL ratio rising to 2.1% in 3Q16, from 1.5% a year ago, led by manufacturing, transport, storage and communications sectors.

The special mention loans ratio has also seen an uptrend. It rose to 3.6% from 3.3%.

Meanwhile, overall corporate NPL ratios rose to 2.7% from 1.8% in the same period (1.4% for the three local banks).

"Attention has been focused on the O&G sector, where MAS noted that the exposure of the banking system was less than 10% of total exposures, with non-performing assets at 4.2% of this exposure," Citi noted.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Top News

CICT completes acquisition of Paragon
The trust fully utilised the $750m raised through its private placement to help finance the deal.
Markets
iWOW completes acquisition of The Gentle Group
The target company has become a wholly owned subsidiary following the completion of the deal on 1 July.
Markets
NIO deliveries jump 63% in June
The electric vehicle maker delivered 107,658 vehicles in the second quarter, up 49.4% YoY.