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Singapore's bank lending slows for seventh month in September

Amala Balakrishner
Amala Balakrishner • 2 min read
Singapore's bank lending slows for seventh month in September
Singapore’s bank lending dipped for the seventh month in September, following a decline in both business and consumer loans.
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Singapore’s bank lending dipped for the seventh month in September, following a decline in both business and consumer loans.

Total loans from the domestic banking unit – which captures lending in all currencies, but mainly reflects Singapore-dollar lending – came in at $677.46 billion in September. This is down a smidgen from the $677.86 billion disbursed in August.

See also: Singapore's bank lending slowed for the sixth month in August

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