Some comments from singaporeans about this article .. :D
"Do this consider as Blood Suckers??? "
"yes, they are increasing their spreads.To buffer for quality deterioration in their loan books.To shore up some capital in the face of possible write offs and write downs.To stay alive."
"so the other banks are not trying to shore up capital and stay alive?"
"To each his own. Or in this case, to each its own. Ours not the reason why.And we all know, banks all the around the world are scrambling to survive, one way or another, with govt help, no less.So other than being clever, I don't know what is the point that you're trying to make."
What are your comments? xD
♥ 11:19 PM