Huu Phuong Ta and Hiang Lin Gn
The development of the Singapore banking market over the last 15 years is examined and the issue of “overbanking” within the entry barriers framework is considered. Three measures…
Abstract
The development of the Singapore banking market over the last 15 years is examined and the issue of “overbanking” within the entry barriers framework is considered. Three measures covering profitability, sources of funds, and business development were used to assess the performance of the market. The results indicated that the market is expanding and that every member is enjoying a growing share.