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Singapore's 5 biggest housing lenders

Guess what bank is the largest with 24% market share.

Barclays has provided an interesting chart showing mortgage market shares of Singapore banks where DBS takes the lead.

On negative note, these are the same banks that will be most likely affected by latest set of cooling measures amid heavy exposures, said Barclays.

2012 full year housing loan data is yet to be released but market expected it to have grown by 8-10% from $131.11bn.

MAS has introduced numerous rounds of property cooling measures over concerns of the property market overheating.

Barclays analysed banks’ mortgage risk weightings and the capital positions and found that DBS among the local Singapore banks are most affected by property tightening measures due to their low mortgage risk weightings of 5-6% under the internal-risk based approach.

It believes that 1) mortgage rates will rise independent of US interest rate hikes due to tightening system liquidity in Singapore and 2) if competition estricts upward mortgage pricing, banks will increasingly refocus their efforts on corporate lending as RoRWA on mortgages becomes increasingly less attractive.

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