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Singapore Oct bank lending up 1.5 pct from Sept 12

Total bank lending in Singapore rose 1.5 percent in October from September, central bank data showed.

Loans and advances by domestic banking units in the city-state amounted to S$479.42 billion ($392.79 billion) last month, up from S$472.3 billion in September.
 
From a year ago, October bank lending rose 18 percent.
 
Loans and advances in Asian currency units edged up to S$381.44 billion in October from S$380.66 billion in September.
 
(Source: Reuters)
 
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Singapore Banking