Bank lending's uptrend seen being sustained in H2

Singapore

BANK lending in Singapore may sustain its momentum into the second half of the year amid an improving economic outlook.

This comes as bank lending in the first half rose 6 per cent, reversing from the 1.4 per cent contraction in the same period a year ago, preliminary data from the Monetary Authority of Singapore on Monday showed.

Loans through the domestic banking unit - which capture len…