Leadership depends on bringing value to customers. In our Institutional Banking Group, knowledge and experience mean delivering innovative banking solutions to customers in a wide range of industries. Our goal is to provide a complete menu of financing options, advisory services and fund raising programmes to help our corporate customers meet every financial need - at the right time, for the right price.
Against the more subdued operating conditions in Singapore, we nevertheless maintained our long-standing, dominant market share in Singapore dollar loans in most sectors. Our market share of trade services transactions increased despite lower volumes due to reduced economic activity in the region.
In the manufacturing sector, we targeted customers in electronics, transport equipment, downstream petrochemical and engineering industries. In the building and construction sector, our focus was helping customers manage and consolidate their activities in the face of declining asset values.