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SINGAPORE LENDING

Flat consumer lending a drag on Aug bank loans growth

S$613b figure up half a per cent from July; mortgage growth eases, business loans up 0.8%

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Flat growth in consumer loans in August affected overall bank lending compared to July, preliminary data from the Monetary Authority of Singapore showed on Wednesday.

Singapore

FLAT growth in consumer loans in August affected overall bank lending compared to July, preliminary data from the Monetary Authority of Singapore showed on Wednesday.

Loans through the domestic banking unit (DBU) - which essentially captures lending in all currencies but

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