Singapore's money supply growth to moderate to 5.6% this year

Money supply has significantly outpaced loan growth.

RHB Research noted that money supply (M3), including Asian currency units (ACU), has grown at an average pace of +8.2% in the three months to January, doubling its pace of increase for the corresponding period last year. The increase has been led by the private sector.

“Looking ahead, we expect M3 growth to moderate to +5.6% in 2017, as M3 has outpaced loan growth significantly recently. The figure represents an increase from its +4.2% gain last year. Meanwhile, bank lending is projected to grow 3.2% this year, from +0.5% in 2016, supported by a low base effect and higher economic growth,” said RHB.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia