Total Loans and advances to residents in Singapore totaled SG$873.1 billion in November, with building and construction loans contributing SG$179.5 billion, according to data released by the Monetary Authority of Singapore on Wednesday.
Loans to businesses stood at SG$528.3 billion, while consumer loans rose to SG$344.8 billion. Housing and bridging loans represented around SG$242.6 billion of the total.
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