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Singapore bank lending cools in July

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Bank lending in Singapore declined month-on-month for the first time since January this year, though it maintained a still strong year-on-year growth, preliminary data from the Monetary Authority of Singapore showed on Friday.

Singapore

BANK lending in Singapore declined month-on-month for the first time since January this year, though it maintained a still strong year-on-year growth, preliminary data from the Monetary Authority of Singapore showed on Friday.

Loans through the domestic banking unit -...

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