SINGAPORE — DBS Group Holdings, Singapore's biggest lender, said it expects to recover about half of its S$700 million exposure to the collapse of a big Singapore oilfield services firm, as the SINGAPORE (Jan 10): CGS-CIMB Securities is maintaining OCBC and UOB at “buy” despite customer Coastal Oil Singapore having gone bust. The company has outstanding debts of US$354 million, US$29.9 million which is owed to DBS, US$122.7 million to OCBC and US$19.5 million to UOB. Singapore. DBS Bank's total oil & gas exposure has increased to S$23 billion, up S$1 billion due to more trade finance loans, as the bank continues to do business in a sector straining under the weight of low oil prices.

3 Sep 2017 The bank's exposure to oil and gas projects amounts to US$17 billion. A senior The Singapore bank is among the few Asian banks to begin  17 Aug 2016 Following the collapse of Swiber Holdings, concerns are rife about the exposure of Singapore's local banking sector to the oil and gas sector. 3 Feb 2020 Singapore Banks: Mortgage (DBU) loan growth continues to decline y-o-y. Source: exception of OCBC which has written additional allowances on its oil and gas portfolio in 1Q19 and 3Q19 as well as other new NPA formation, we on top of risks arising from exposure to Hong Kong due to the ongoing. 6 Aug 2016 But the bank said its exposure to Swiber was manageable. UOB's outstanding loans to the oil and gas industry stood at S$9.3bn at the end of  18 Jan 2017 “It is a concern,” says a banking analyst of Maybank's Singapore Maybank's problem loans in Singapore are mostly related to oil and gas (O&G) accounts, Maybank's exposure to O&G stood at 4.3% of overall loans as at  11 Feb 2016 Struggling oil and gas companies are maxing out revolving credit lines fresh concerns about banks' exposure to the decline in energy prices.

20 Mar 2019 Banking on Ultra-Deepwater Oil and Gas League Table. Ultra-Deepwater and Singapore are highlighted in some sections as further examples of exposure to climate-related risks (e.g., fossil fuel producers, intensive fossil 

1 day ago RBL lenders are typically commercial banks, however the list of potential debt investors in E&P companies has grown in recent years in terms of  11 Jul 2019 Financing for Singapore's SMEs in the Oil & Gas Industry in 2019 many financiers would be extra-cautious about increasing exposure to this industry. While the banks are still extremely cautious, some financial institutions  4 Apr 2017 Stressed situation in oil and gas exposures weigh on annual results, but CEOs hope to see a wealth management upside. Coronavirus and oil price shocks: managing ratings in turbulent times Global investment banks' oil and gas credit exposures are contained, effects of oil price 

20 Mar 2019 Banking on Ultra-Deepwater Oil and Gas League Table. Ultra-Deepwater and Singapore are highlighted in some sections as further examples of exposure to climate-related risks (e.g., fossil fuel producers, intensive fossil 

23 Sep 2019 This included a fallout in the oil and gas sector which saw banks' loan quality taking a step back in 2015 to 2017. Examples include DBS being  9 Aug 2016 Singapore. DBS Bank's total oil & gas exposure has increased to S$23 billion, up S$1 billion due to more trade finance loans, as the bank 

Jamie Thomas is an English-qualified partner in the Singapore office of Gibson, and Chambers Global as a leading lawyer in Banking and Finance for Singapore, In 2018, a major Asian oil and gas player on its US$500 million six- year 

4 Apr 2017 Stressed situation in oil and gas exposures weigh on annual results, but CEOs hope to see a wealth management upside.

Singapore Banks to Be Hurt By Oil and Gas Exposure, MAS Says - WSJ Banks in Singapore are likely to be hurt by their exposure to the oil and gas industry but odds are they will remain resilient,

Singapore. DBS Bank's total oil & gas exposure has increased to S$23 billion, up S$1 billion due to more trade finance loans, as the bank continues to do business in a sector straining under the weight of low oil prices.

But the bank said its exposure to Swiber was manageable. UOB’s outstanding loans to the oil and gas industry stood at S$9.3bn at the end of June, or 4 per cent of the total outstanding loan book. By contrast, loans to the sector accounted for about 6 per cent of total loans at Singapore's three listed banks. DBS has some US$17 billion in exposure to the sector, Maybank has just US$4.6 billion. It and Singapore's other major banks, Oversea-Chinese Banking Corp. and United Overseas Bank, have substantial exposure to this sector. Singapore houses major oil and gas rig builders and offshore