The Business Times
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Singapore bank lending flat in Dec from Nov

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Published Fri, Jan 31, 2020 · 02:36 AM

BANK lending in Singapore was flat in December from a month ago, according to preliminary data from the Monetary Authority of Singapore on Friday.

Loans through the domestic banking unit - which captures lending in all currencies, but reflects mainly Singapore-dollar lending - stood at S$692.4 billion in December, compared with S$692.73 billion a month ago.

From a year ago, total lending rose 3.1 per cent.

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