Part 9/10:
However, amid these challenges, there are potential tailwinds. A swift reopening of borders, resumption of key exports and manufacturing activities, and a robust economic recovery could dramatically improve the banks’ outlook. With Singapore’s sector maturity and innovation focus, the banking industry is also poised to benefit from the ongoing shift toward sustainable finance. Trends such as green bonds, ESG-linked loans, and the integration of technology into banking operations are creating new growth opportunities.