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Oct bank lending in S'pore stirs but soft demand still expected

Thursday, December 1, 2016 - 05:50
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Bank lending in Singapore in October reversed from 12 months of contraction, but this comes as banks expect soft demand to continue, given the rising uncertainties in the external environment.

Singapore

BANK lending in Singapore in October reversed from 12 months of contraction, but this comes as banks expect soft demand to continue, given the rising uncertainties in the external environment.

Loans through the domestic banking unit - which captures lending in all