Investor Presentaiton
246
137
109
30
24
26
Improved fundamentals in Southeast Asia
Significantly Higher Foreign Reserves
(USD billion)
75
382
Healthy Current Account Balances
| UOB
(% of GDP)
15.6 14.6
3.8
Singapore
Thailand
Indonesia
Malaysia
Dec 1998
■Mar 2021
0.5
-2.0
-1.5-1.3
-5.4
Singapore
Malaysia
-1997
Thailand
■ 2021F
Indonesia
Source: International Monetary Fund
Sources: World Bank, International Monetary Fund
Lower Debt to Equity Ratio
(%)
235
209
125
84
102
89
93
48
Malaysia
Singapore
Thailand
Indonesia
Jun 1998
■Mar 2021
Total debt to equity ratio
=
Lower Foreign Currency Loan Mix
(%)
67
52
38
36
21
12
7
5
Singapore*
Indonesia
Thailand
Malaysia
Dec 1996
■Feb 2021 (latest available)
total ST and LT borrowings divided by total
equity, multiplied by 100; sources: MSCI data from Bloomberg
Foreign currency loans in 1996 approximated by using total loans of
Asia Currency Units; sources: Central banks
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