Singapore April bank lending down as financial, commerce loans fall

May 29, 2015 2:13 AM

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May 29 Singapore's total bank lending fell in April from the previous month on a decline in loans to financial institutions and general commerce, central bank data showed on Friday.

Loans and advances by domestic banks in the city-state amounted to S$594.3 billion ($441.1 billion) last month, compared with S$601.1 billion in March, according to data from the Monetary Authority of Singapore.

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