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January bank lending slips on mortgage weakness
Published Thu, Feb 28, 2019 · 09:50 PM
Singapore
BANK lending in Singapore slipped in January from a month ago, reflecting weaker mortgage activity as the chill from property cooling measures continue to bite.
Loans through the domestic banking unit - which captures lending in all currencies, but reflects mainly Singapore-dollar lending - stood at S$671.21 billion, down slightly by S$524 million from S$671.74 billion.
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