【环球财经】新加坡金管局：金融体系保持强韧 银行资本缓冲要求不变

Core Insights - The Monetary Authority of Singapore (MAS) released the 2025 Financial Stability Review, indicating that despite elevated global financial stability risks, Singapore's corporate, household, and banking sectors have demonstrated resilience due to strong financial conditions [1][2] Group 1: Household Sector - The household sector's financial resilience is attributed to stable income growth and low mortgage rates, maintaining healthy debt repayment capacity [1][2] Group 2: Corporate Sector - The financial condition of the corporate sector has improved over the past year, supported by robust corporate earnings and a more accommodative financing environment, leading to enhanced debt repayment capabilities and accumulation of cash buffers [2] Group 3: Financial Sector - The banking system in Singapore maintains strong capital and liquidity positions, with insurance companies well-capitalized and investment funds managing liquidity risks effectively [2] - Stress test results for 2025 confirm that banks and insurance companies in Singapore can withstand severe macro-financial shocks, while most companies and households are expected to remain resilient under income and financing cost shocks, although some highly leveraged borrowers may face repayment pressures [2]