Singapore’s bank lending

Loan growth appears mixed across industries, but CGS-CIMB analysts still 'overweight' on banking sector - THE EDGE SINGAPORE

Zest

Loan growth appears mixed across industries, but CGS-CIMB analysts still 'overweight' on banking sector

Business loans came in near flat at $427.69 billion in April after four months of steady growth.
Singapore's loan growth expected to remain in the red till 2021: RHB - THE EDGE SINGAPORE

Zest

Singapore's loan growth expected to remain in the red till 2021: RHB

Singapore’s loan growth is expected to fall by 2% in 2020

Singapore economy

Singapore's broad money supply increases, but market watchers express concern over business and consumer spending

Growth in public credit and foreign new positions has brought a 12.8% year-on-year increase in Singapore’s broad money supply, RHB’s team of economists note. This is an expansion from the 10.8% growth logged in May.

Zest

Singapore's broad money supply inches up 12.4% in April, following $22.6 billion increase in foreign reserves

Singapore’s foreign reserves increased by $22.6 billion in April, bringing the republic’s total foreign reserve repository to $301.8 billion.

Slowdown in bank lending highlights economy’s challenges

SINGAPORE (Aug 31): Singapore’s bank lending continues to creep lower, with total loans down 2.2% in July from a year ago.
×