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"Banker: I Have Absolute Discretion! Borrower: Absolutely NOT!" – A Look At The Implications Following Deutsche Bank AG Singapore Branch V ARJ Holding Ltd And Another [2025] SGHC 163
In Deutsche Bank AG Singapore Branch v ARJ Holding Ltd and another [2025] SGHC 163 (DB v ARJ), the General Division of the High Court held that there is an implied term in law in an agreement between a bank and its borrower whereby the bank has to exercise its contractual discretion in good faith.
Dentons Rodyk & Davidson