30th November - Shock Value 6.9 /10
What Happened:
Why It Matters:
What Happens Next?
What Happened:
Why It Matters:
What Happens Next?
- Singapore Oct Bank Loans Shock
Down 0.4% mom
- Loans
Down 1.1% mom, 1.7SDs Below Historic Seasonal Trends
- Lending
to Business Down 1.9% mom, with General Commerce Down 5.3%, Financial
Institutions Down 3.6%
- Loans
to Building/Construction +0.8% mom, and Mortgages/Bridging Loans +0.4%
- Consumer
Loans +0.2% mom
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