Singapore is Rated AAA


Live Trading News, 28 Aug 2011
Singapore has the financial strength to recover quickly from crises and stave off any systemic failure of its banking system has earned the Country an AAA rating.
The Financial sector in Singapore has been tested time and again and has proven one of the World’s best investment destinations said Shayne Heffernan today.
Standard & Poor’s (S&P) Ratings Services on Friday, Aug. 26, affirmed its AAA credit on Singapore’s long-term government debt and an A-1+ rating on its short-term debt. Full story