SINGAPORE (THE BUSINESS TIMES) – In a worst-case scenario, Singapore banks may see a 14 to 18 per cent hit to their revenue in 2020 following the latest coronavirus relief measures for consumers, said Jefferies Research in a report on Wednesday (April 1). The Monetary Authority of Singapore (MAS) on Tuesday announced measures that showed how financial institutions should allow distressed property owners and small and medium-sized enterprises (SMEs) to defer debt repayments or payments on insurance policies, amid the virus crisis. Banks and finance companies must allow deferments on principal repayments of qualifying mortgages and secured corporate loans through to the end of the year. Insurers can also offer deferments of instalment payments on health insurance policies, and design instalment payment plans on general insurance held by both individuals and corporates. Assuming the bank's entire mortgage and personal loan book is available for interest deferment or lower rates, J..