31 July 2026, 05:15  Singapore: Bank Lending Hits New Record High.

Singapore’s bank loans increased to a fresh record high of SGD 931.4 billion in June 2026 from SGD 917.7 billion in the previous month. Loans to businesses climbed to SGD 569.3 billion from SGD 557.8 billion, mainly driven by higher lending to manufacturing (SGD 28.3 billion vs. SGD 28.1 billion), building and construction (SGD 186.6 billion vs. SGD 185.2 billion), transportation, storage, and communication (SGD 50.5 billion vs. SGD 49.0 billion), and financial and insurance activities (SGD 151.3 billion vs. SGD 148.0 billion).

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