Interest rate changes could boost some banks with slow loan growth
Singapore bank lending growth in Dec slowest since March 2010
Singapore
THE EASING in lending growth in Singapore last year mirrors that of banks in Asia-Pacific, but some banks could benefit from changes in interest rates ahead, said broker reports.
In Singapore, bank lending in December grew at 5.9 per cent from a year ago - the slowest pace since March 2010. Similarly, Thai banks registered loan demand at its weakest in four years - with growth at 5 per cent from a year ago - given the political tensions, said Citi Investment Research in a report this week.
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