Divergence in business, consumer loan trends: is it worrying?
Some economists say it is but others say it isn't, pointing out that consumer loans have been stable, not spiking
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Singapore
THE gap between business and consumer loans growth may be widening, but economists are split on just how worrying the trend actually is.
To DBS economist Irvin Seah, the growing divergence should be a wake-up call for consumers; he believes households should stop being "complacent" and avoid leveraging up any further.
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