Foreign bank assets among total bank assets in Singapore
Singapore: Foreign bank assets among total bank assets was 6.0% in 2010. ▼ Falling
Foreign bank assets among total bank assets in Singapore, 2006–2010
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
In 2010, foreign bank assets among total bank assets in Singapore stood at 6.0%.
The figure is down 14.3% on the previous year and down 40.0% over five years.
That places Singapore 100th out of 128 countries with data for 2010, putting it in the bottom quarter.
Foreign bank assets among total bank assets in Singapore, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 10.0% | — |
| 2007 | 10.0% | +0.0% |
| 2008 | 3.0% | -70.0% |
| 2009 | 7.0% | +133.3% |
| 2010 | 6.0% | -14.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.5% | 3.0% | 10.0% | 4 |
| 2010s | 6.0% | 6.0% | 6.0% | 1 |
Countries ranked near Singapore
More financial sector data for Singapore
- Net domestic credit (current LCU), per capita 123,291 current LCU per person (2020)
- Net domestic credit (current LCU), per unit of GDP 2 current LCU per US$ of GDP (2020)
- Net domestic credit (current LCU), annual growth rate 3.72 % change on previous year (2020)
- Gold reserves at 35 SDRs per ounce 217.81 million SDR (2025)
- Gold reserves at market value 19.85 billion SDR (2025)
- Reserves excluding gold, foreign exchange 289.89 billion SDR (2025)
- Reserves excluding gold 295.68 billion SDR (2025)
- Total reserves (gold at market value) 315.53 billion SDR (2025)
- Total reserves (gold at national valuation) 298.85 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 48,902 SDR per person (2025)
Frequently asked questions
- What is foreign bank assets among total bank assets in Singapore?
- Foreign bank assets among total bank assets in Singapore was 6.0% in 2010, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign bank assets among total bank assets recorded in Singapore?
- The highest recorded value was 10.0% in 2006.
- What is the lowest foreign bank assets among total bank assets recorded in Singapore?
- The lowest recorded value was 3.0% in 2008.
- How does Singapore rank for foreign bank assets among total bank assets?
- Singapore ranks 100th out of 128 countries with data for 2010.
- Where does this Singapore data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign bank assets among total bank assets (%). Statizoid updates them automatically from the source API.
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About this data
Percentage of the total banking assets that are held by foreign banks. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.