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Sharper contraction in bank lending in January

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

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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

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