The Straits Times
Published on Nov 30, 2012

Singapore Oct bank lending up 1.5% from Sept


(REUTERS) - Total bank lending in Singapore rose 1.5 per cent in October from September, central bank data showed on Friday.

Loans and advances by domestic banking units in the city-state amounted to $479.42 billion last month, up from $472.3 billion in September.

From a year ago, October bank lending rose 18 per cent.

Loans and advances in Asian currency units edged up to $381.44 billion in October from $380.66 billion in September.