Lee, Boon L.; Worthington, Andrew C.; Leong, Wai Ho - School of Economics and Finance, Business School - 2009
By the end of the 1990s, the Singaporean government had recognised the need to open up its banking sector so as to remain competitive in the global economy. The Monetary Authority of Singapore thus began deregulation of the banking sector in 1999 to strengthening the competitiveness of local...