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Bank lending claws its way back to growth in October

Published Fri, Nov 30, 2018 · 09:50 PM

Singapore

BANK lending in Singapore managed a return to growth in October from a month ago, boosted by an expansion in building loans that lifted overall business lending.

Loans through the domestic banking unit - which captures lending in all currencies, but reflects mainly Singapore-dollar lending - stood at S$672 billion, up from S$670 billion a month ago, preliminary data from the Monetary Authority of Singapore showed on Friday.

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