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Broad weakness seen in business loans in Sept as MAS data shows 0.2% dip

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Published Wed, Oct 31, 2018 · 09:50 PM

    Singapore

    LENDING to several business segments slipped, or remained, in negative territory in September from a month ago, contracting overall bank lending for the month.

    Preliminary data from the Monetary Authority of Singapore showed on Wednesday that business lending inched down 0.2 per cent to S$404 billion in September from August, swinging from a 0.6 per cent rise the previous month.

    Singapore bank lending

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