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Sept bank loans stall on construction dip

Total loans stay at S$605b after rising 1.2% in August

Published Fri, Oct 31, 2014 · 09:50 PM
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Singapore

BANK lending returned to its uninspired form in September, dousing cheer from a growth spurt in August.

The restructuring bite on the construction sector sank into business lending, with a first decline in building loans since March that represents the third contraction this year.

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