SUBSCRIBERS

Fewer business loans dent January bank lending

Building & construction and home loans remain in positive territory

Published Tue, Feb 28, 2017 · 09:50 PM

Singapore

BANK lending in January faltered for the first time in four months as business loans shrank in the holiday-shortened month, preliminary data from the Monetary Authority of Singapore on Tuesday showed.

Home loans remained resilient.

Domestic banking units' loans were S$617.1 billion in January, down from S$617.3 billion in December, dragged down by general commerce and manufacturing.

But ye…