Singapore July bank lending rises on housing loans

August 31, 2015 2:24 AM

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SINGAPORE Aug 31 Singapore's total bank lending in July rose on stronger demand for property loans and from the general commerce sector, central bank data showed on Monday.

Loans and advances by domestic banks in the city-state amounted to S$610.4 billion ($433.1 billion) last month, according to data from the Monetary Authority of Singapore.

Also read: China new housing loans to individuals rose to $539 billion in Jan-Sept

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