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Business loan demand rebounds slightly in May

Bank lending rises 0.2 per cent in May after flattish performance in April

Published Thu, Jul 1, 2021 · 05:50 AM
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Singapore

BANK lending in Singapore rose for the seventh straight month in May, growing 0.2 per cent as business loans picked up and housing loans held steady.

Fresh data from the Monetary Authority of Singapore (MAS) on Thursday showed that total business loans ticked up 0.2 per cent month on month to S$428.48 billion in May, after a flattish performance in April.

KEYWORDS IN THIS ARTICLE

Singapore bank lending
Loans

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