Singapore Dec bank lending down as general commerce, financial loans fall

January 29, 2016 2:14 AM

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SINGAPORE Jan 29 Singapore's total bank lending in December fell from the previous month as loans to general commerce and financial institutions declined, central bank data showed on Friday.

Loans and advances by domestic banks in the city-state amounted to S$599.8 billion ($420.5 billion) in December 2015, according to data from the Monetary Authority of Singapore.

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