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Nov business lending chilled by headwinds

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Published Mon, Dec 31, 2018 · 09:50 PM

Singapore

BUSINESS lending to key industries has weakened, as sharp geopolitical headwinds blowing into 2019 keep investors wary about the strength of global growth ahead.

Based on preliminary figures on bank lending in November, the overall weakness in business lending over the month has been masked in most part by growth in construction loans.

Singapore bank lending

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