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Interest rate changes could boost some banks with slow loan growth

Singapore bank lending growth in Dec slowest since March 2010
Wednesday, March 11, 2015 - 05:50
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The easing in lending growth in Singapore last year mirrors that of banks in Asia-Pacific, but some banks could benefit from changes in interest rates ahead, said broker reports.

Singapore

THE EASING in lending growth in Singapore last year mirrors that of banks in Asia-Pacific, but some banks could benefit from changes in interest rates ahead, said broker reports.

In Singapore, bank lending in December grew at 5.9 per cent from a year ago - the slowest