MAS cautions banks on using loose terms to boost loan biz
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Asia

MAS cautions banks on using loose terms to boost loan biz

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The Monetary Authority of Singapore (MAS) has flagged up issues about banks’ credit underwriting practices, including cases of covenant waivers and one off-credit exceptions given to borrowers. But while the central banks’ concerns are valid, bankers reckon lenders are being more than careful about their syndications business. Shruti Chaturvedi reports.

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