Table of Contents
Executive Summary
5 Table: Levels (SGD bn) 5 Table: Levels (US$ bn) 5 Table: Levels At January 2009 5 Table: Annual Growth Rate Projections, 2009-2013 (%) 6 Table: Ranking Out Of 45 Countries Reviewed In 2009 6 Table: Projected Levels, 2008-2013 (SGD bn) 6 Table: Projected Levels, 2008-2013 (US$bn) 6 Overview - Commercial Banking Sector of Singapore 7 SWOT Analysis9 Singapore Commercial Banking SWOT 9 Singapore Political SWOT 10 Singapore Economic SWOT 11 Singapore Business Environment SWOT 12 Commercial Banking Business Environment Rating13 Table: Singapore' s Commercial Banking Business Environment Ratings 13 Commercial Banking Business Environment Rating Analysis 14 Table: Asia Commercial Banking Business Environment Ratings 16 Commercial Banking Business Environment Rating Methodology 16 Global Outlook18 Regional Outlook20 Table: Comparision of Loan/Deposit, Loan/Asset & Loan/GDP ratios, 2008 20 Table: Anticipated Developments in 2009 21 Table: Comparison of Total Assets, Client Loans and Client Deposits (US$bn) 22 Table: Comparison of Per Capita Deposits, Late 2008 (US$) 23 Table: Interbank Rates and Bond Yields 24 Commercial Bank Sector Outlook 25 Macroeconomic Outlook 26 Economic Activity 26 Table: Singapore - Economic Activity 28 Fiscal Policy 29 Table: Singapore - Fiscal Policy, 2005-2013 31 Monetary Policy 31 Table: Singapore - Monetary Policy 33 Islamic Finance - Quo Vadis? 34 Some Hard Numbers 34 Under-Recognised Challenges 38 The Global Financial Crisis 39 What Really Matters: Indicators to Watch in 2009 40 Conclusion 42 Market Structure44 Protagonists 44 Table: Protagonists In Singapore' s Commercial Banking Sector 44 Definition of the Commercial Banking Universe 45 List of Banks 45 Table: Full Banks 45 Table: Wholesale Banks 46 Table: Offshore Banks 47 Company Profiles49 Bank of Singapore Limited 49 Key Statistics for Bank of Singapore Limited, 2001-2008 (SGDmn) 49 DBS Bank Limited 50 Bangkok Bank PCL 51 Hong Leong Bank Berhad 52 Key Statistics for Hong Leong Bank Berhad, 2006-2007 (SGDmn) 52 Overseas Chinese Banking Corporation Limited 53 Key Statistics for Overseas Chinese Banking Corporation Limited, 2001-2008 (SGDmn) 53 United Overseas Bank Limited 54 Key Statistics for United Overseas Bank Limited, 2001-2008 (SGDmn) 54 Maybank 55 Citibank Singapore Limited 56 Bank of China 57 Key Statistics for Bank of China, 2007-2008 (CNYmn) 57 Islamic Bank of Asia Limited 58 Methodology59 Basis of Projections 60 Commercial Bank Business Environment Rating 60 Table: Commercial Banking Business Environment Indicators And Rationale 62 Table: Weighting Of Indicators 63
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