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General commerce helps bank lending rise 0.6% in March
Published Wed, Apr 30, 2014 · 10:00 PM
Singapore
BANK lending in Singapore grew by a modest 0.6 per cent in March as financing for general commerce picked up the slack from building and construction.
"Loans continue to moderate," Bank of America Merrill Lynch economist Chua Hak Bin said. "Both loans to businesses and consumers are slowing."
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