Chart of the Day: Check out how much housing loan growth dropped since 2010

Growth has fallen to 13%.

Nomura's recent visit to all the three Singapore banks reaffirmed their positive view on the Singapore banking sector.

"Our meetings reconfirm our view that loan growth this year will stay in double-digits, NIMs are stable (and not falling), asset quality is robust and capitalisation levels are more than adequate," Nomura said.

Here's more from Nomura:

We also think policy risk in Singapore could be easing as new mortgage bookings have fallen 20-30%y-y, while property prices have more or less levelled out.

The Singapore housing market appears to have cooled, with mortgage originations declining significantly (in line with banks’ initial guidance).

Mortgage rates have been stable this year at around 1.3%, albeit a nearly 30bp improvement from last year. The MAS macro-prudential measures implemented over the past three years are starting to have a moderating effect on the sector.

Housing loan growth has fallen to 13% currently from 15% in 2012, which we estimate should ease to 6% by mid-2015F assuming a 20-30% p.a. drop in new mortgage loans over the next two years.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia