You are here

Sharper contraction in bank lending in January

Falling trade loans, weakness in consumer lending leave domestic banking sluggish

pixgeneric123.jpg
BANK lending dipped more sharply in January compared to a month ago, amid a stubborn decline in trade loans and weak growth in consumer lending.

Singapore

BANK lending dipped more sharply in January compared to a month ago, amid a stubborn decline in trade loans and weak growth in consumer lending.

Loans through the domestic banking unit - which will essentially capture lending in all currencies but mainly reflect Singapore

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom