Bank lending recovers to post gains in August
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Singapore
BANK lending in Singapore crept higher in August from a month ago after July saw the first decline since January, preliminary data from the Monetary Authority of Singapore showed on Friday.
Loans through the domestic banking unit - which captures lending in all currencies, but reflects mainly Singapore-dollar lending - stood at S$670 billion in August, 0.4 per cent up from S$668 billion a month ago.
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