December 30, 2016 / 2:21 AM / a year ago

Singapore Nov lending up on general commerce loans

SINGAPORE, Dec 30 (Reuters) - Singapore total bank lending in November rose 0.4 percent from October, due to a rise in general commerce loans, central bank data showed on Friday.

Loans and advances by domestic banking units in the city-state amounted S$610.6 billion last month, up from to S$608.0 billion in October.

November bank lending rose 1.1 percent, from a year earlier.

Loans and advances in Asian currency units (ACU) rose to S$539.4 billion in November from S$528.9 billion in October

The ACU market refers to loans denominated in currencies other than the Singapore dollar. For details of the latest monthly statistics, see (Reporting by Fathin Ungku; Editing by Michael Perry)

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