SINGAPORE May 30 Total bank lending in
Singapore grew 0.6 percent in April from March, led by more
loans to building and construction, as well as financial
institutions, central bank data showed on Friday.
Loans and advances by domestic banking units in the
city-state amounted to S$591.1 billion ($471.3 billion) last
month, up from S$587.7 billion in March, according to the
Monetary Authority of Singapore.
From a year earlier, April bank lending rose 13.2 percent.
Housing and bridging loans expanded 7.3 percent in April to
S$169.5 billion from S$157.9 billion a year earlier, according
to the central bank data.
Loans and advances in Asian currency units (ACU) increased
to S$512.5 billion in April from S$508.1 billion in March.
The ACU market refers to loans denominated in currencies
other than the Singapore dollar.
For details of the latest monthly statistics, see
($1 = 1.2543 Singapore dollar)
(Reporting by Jongwoo Cheon; Editing by Rachel Armstrong)