Singapore banks set aside extra allowances to account for heightened uncertainty - The Business Times

[SINGAPORE] The local banking trio have taken extra allowances in their first-quarter 2025 results amid a rise in uncertainty in the macroeconomic environment. DBS, OCBC and UOB each said this was a pre-emptive step to beef up their reserve https://www.businesstimes.com.sg/companies-markets/singapore-banks-set-aside-extra-allowances-account-heightened-uncertainty