Singapore bank lending down in February
Total bank lending in Singapore fell a little in February, with business loans continuing their slide for a third straight month. The overall sum lent to both consumers and businesses for the month was $603.5 billion, according to data released by the Monetary Authority of Singapore (MAS) yesterday. This is a 0.65 per cent drop […]
Singapore bank lending falls, credit card debt up in December
Bank lending in Singapore fell in December from November in a sign that economic activity could be slowing down. Total loans and advances fell to S$607.96 billion at the end of December from S$608.17 billion at the end of November, according to the Monetary Authority of Singapore’s (MAS) latest monthly statistical bulletin. Banks lent more […]
