Bank loans to drop 5% in 2011

Domestic bank loans are expected to drop due to the high base and housing loan segment, OCBC said.

Despite the 14.5% growth in the previous year, the fastest pace of loans growth since December 2008, 2011 banks loans growth will moderate to around 5% y-o-y this year.

Barring any unexpected changes to the MAS monetary policy stance in April, OCBC expects that the 3-month SIBOR may stay contained around the 0.5% handle in H1 before gradually normalising to around 0.8% towards the year-end.
 

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Vibrant Group wins suit against Blackgold Australia
The group shall be paid damages and fees by Blackgold Australia’s ex-CEO and ex-chairman.
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
SBR 2 Lorem Ipsum [8 May]
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Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley