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07 Apr 2026
Analysts split on Singapore’s banking sector outlook even as safe-haven status remains ‘intact’
The Middle East conflict and closure of the Strait of Hormuz continue to cloud the road ahead
[SINGAPORE] Analysts continue to find Singapore attractive for its stability and resilience even amid the Middle East conflict, though they are divided in their views on the outlook for its banking sector.
The Republic kept its safe-haven status “intact” in March, with “sustained fund inflows into Singapore equities”, said DBS Group Research on Thursday (Apr 2).
Analysts Yeo Kee Yan and Foo Fang Boon noted that Singapore has performed well relative to regional peers.