Singapore bank lending up 0.4% in February

See which segment led this growth.

According to a report by Reuters, total bank lending in Singapore rose 0.4 percent in February from January, led by loans to manufacturing companies, central bank data showed on Monday.

Loans and advances by domestic banking units in the city-state amounted to S$584.5 billion ($464.1 billion) last month, up from S$582.2 billion in January, according to the Monetary Authority of Singapore.

Read full report here.

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