Bank equity reached 114 SGD bil in 2017 in Singapore, according to the National Central Bank. This is 6.36 % more than in the previous year.
Historically, bank equity in Singapore reached an all time high of 114 SGD bil in 2017 and an all time low of 7.97 SGD bil in 1989. When compared to Singapore's main peers, bank equity in Indonesia amounted to 1,049,614 IDR bil, 286 MYR bil in Malaysia, 1,281 PHP bil in Philippines and 2,275 THB bil in Thailand in 2017.
Singapore has been ranked 59th within the group of 111 countries we follow in terms of bank equity, 8 places behind the position seen 10 years ago.
Bank equity, or net assets or book value, is the difference between total assets on the one hand and current liabilities and non-capitalised long-term liabilities on the other hand.