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Housing loans shrink for a third consecutive month

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Housing loans in Singapore shrank for a third month in April, leading a continued contraction in consumer loans, preliminary data from the Monetary Authority of Singapore (MAS) showed on Friday.

Singapore

HOUSING loans in Singapore shrank for a third month in April, leading a continued contraction in consumer loans, preliminary data from the Monetary Authority of Singapore (MAS) showed on Friday.

Mortgages booked in April on a net basis came in at S$202.76 billion, falling...

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