Singapore’s total bank lending in September eased from a nine-month high in the previous month on lower manufacturing loans, central bank data showed on Monday.
Loans and advances by domestic banks in the city-state amounted to $603.4 billion in September, according to data from the Monetary Authority of Singapore.
That compared with $603.9 billion in August, which was the largest since November 2015.
Lending to the manufacturing sector slid to $23.9 billion in September from August’s S$25.1 billion.
Housing and bridging loans in September grew to $189.0 billion from August’s $188.3 billion. In September 2015, housing and bridging loans amounted to $182.9 billion.
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Monday, October 31, 2016 – 11:30
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2 707 420
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JLSPOREBANK31
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