Bank lending dips in July, weighed down by fall in business loans

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Singapore's bank lending dips in July, weighed down by fall in business loans

General commerce loans slid the most, followed by loans to financial institutions; loans to the manufacturing sector also fell as the US-China trade war weighed on sentiment. But segments such as loans to buildling and construction held up.A DROP in business loans was the main drag to total bank lending in July, even as housing loans continued to slide for the seventh straight month.

Bank lending in Singapore dipped 0.9 per cent to S$680.7 billion in July from a month ago, on broad weakness across both...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines