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S'pore bank lending falls for 6th straight month in March

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Singapore bank lending slid year on year for the sixth consecutive month in March as loans to both consumers and businesses fell amid sluggish economic growth.

Singapore

SINGAPORE bank lending slid year on year for the sixth consecutive month in March as loans to both consumers and businesses fell amid sluggish economic growth.

Overall loans contracted 1.74 per cent last month over a year ago. Business loans fell for seven straight months