Bank lending in Singapore grew in November after remaining flat for two successive months, figures from the Monetary Authority of Singapore showed Wednesday.
Bank lending rose 0.6 percent month-over-month in November.
Domestic bank loans rose to S$ 608.2 billion in November from S$ 604.4 billion in October.
This was driven by a 0.8 percent rebound in business loans. Consumer loans climbed 0.4 percent in November.
Annually, lending increased 7.5 percent from S$ 565.8 billion in the corresponding month of the previous year.
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