A woman walks past an HSBC branch in Central district, Hong Kong, China, 19 February 2020. Photo: EPA-EFE A woman walks past an HSBC branch in Central district, Hong Kong, China, 19 February 2020. Photo: EPA-EFE
A woman walks past an HSBC branch in Central district, Hong Kong, China, 19 February 2020. Photo: EPA-EFE

Asian banks from DBS to HSBC are bracing for bad loans to spike as coronavirus outbreak batters the region’s economies

  • HSBC and Singapore’s biggest banks flag coronavirus epidemic is likely to swell loan losses
  • Most lenders see short-term impact if virus is contained in coming weeks; S&P said worst-case, peak questionable loan ratio may almost double

Topic |   Coronavirus pandemic
A woman walks past an HSBC branch in Central district, Hong Kong, China, 19 February 2020. Photo: EPA-EFE A woman walks past an HSBC branch in Central district, Hong Kong, China, 19 February 2020. Photo: EPA-EFE
A woman walks past an HSBC branch in Central district, Hong Kong, China, 19 February 2020. Photo: EPA-EFE
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