Bank's Net Interest Margin for Singapore
DDEI01SGA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.21
Year-over-Year Change
-37.50%
Date Range
1/1/2000 - 1/1/2021
Summary
The Bank's Net Interest Margin for Singapore measures the difference between the interest income banks earn and the interest they pay out, as a percentage of their total earning assets. This metric is a key indicator of banks' profitability and financial health.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The net interest margin represents the core banking function of lending and borrowing. It reflects the spread between what banks charge for loans and what they pay on deposits and other funding sources. The metric is closely watched by policymakers, analysts, and investors to assess the performance and soundness of the banking sector.
Methodology
The data is collected and reported by the World Bank based on submissions from financial institutions in Singapore.
Historical Context
The net interest margin is an important input for understanding monetary policy, financial regulation, and overall economic conditions.
Key Facts
- Singapore's bank net interest margin averaged 1.6% from 2000-2021.
- Net interest margins tend to decline during periods of low interest rates.
- Higher margins can indicate greater profitability but also potential financial risks.
FAQs
Q: What does this economic trend measure?
A: The Bank's Net Interest Margin for Singapore measures the difference between the interest income banks earn and the interest they pay out, as a percentage of their total earning assets.
Q: Why is this trend relevant for users or analysts?
A: The net interest margin is a key indicator of banks' profitability and financial health, and is closely watched by policymakers, analysts, and investors to assess the performance of the banking sector.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank based on submissions from financial institutions in Singapore.
Q: How is this trend used in economic policy?
A: The net interest margin is an important input for understanding monetary policy, financial regulation, and overall economic conditions.
Q: Are there update delays or limitations?
A: The data is reported annually by the World Bank, so there may be some delay in availability compared to more frequently updated economic indicators.
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Citation
U.S. Federal Reserve, Bank's Net Interest Margin for Singapore (DDEI01SGA156NWDB), retrieved from FRED.