What does high default rate in global private credit lending mean for Singapore?
Aidan Khoo, Director, Management Consulting shared his insights on the outlook of the private credit market in Singapore.
Global private credit markets are under renewed scrutiny as default rates climb worldwide. In the US, private lending defaults have reached over 5%, while in Asia-Pacific, previously at zero, is expected to rise amid higher interest rates and ongoing trade pressures. As a result, the global default rate is likely to remain high this year.
Our Management Consulting Director, Aidan Khoo, shared insights on the Singapore private credit market, highlighting how Singapore companies’ disciplined financial practices and government-backed initiatives are keeping private credit risks under control.
Read his full insights on Lianhe Zaobao.
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