Latest News Stream - Loans To Private Sector

Singapore’s bank loans surged to a fresh record high of SGD 978.8 billion in September 2026 from SGD 966.4 billion in the previous month. Loans to businesses rose to SGD 591.4 billion, driven largely by higher loans for building and construction (SGD 192.2 billion vs SGD 191.0 billion in August), general commerce (SGD 108.0 billion vs SGD 102.6 billion), and financial and insurance activities (SGD 157.3 billion vs SGD 153.7 billion). In contrast, lending decreased for agriculture, mining, and quarrying (SGD 4.6 billion vs SGD 4.7 billion), manufacturing (SGD 28.2 billion vs SGD 30.4 billion) and transport, storage, and communication (SGD 51.8 billion vs SGD 51.9 billion). Meanwhile, consumer loans increased to SGD 387.4 billion from SGD 384.4 billion, lifted by higher housing and bridging loans (SGD 258.4 billion vs SGD 256.6 billion), car loans (SGD 10.6 billion vs SGD 10.3 billion), and credit card loans (SGD 18.2 billion vs SGD 18.0 billion).

Singapore’s bank loans climbed to a fresh record high of SGD 966.4 billion in August 2026 from SGD 939.1 billion in July. Loans to businesses increased to SGD 582.0 billion from SGD 572.8 billion, driven by higher loans for building and construction (SGD 191.0 billion vs SGD 189.9 billion), financial and insurance activities (SGD 153.7 billion vs SGD 146.8 billion), and transport, storage, and communication (SGD 51.9 billion vs SGD 49.5 billion). In contrast, lending declined for manufacturing (SGD 30.4 billion vs SGD 31.9 billion) and general commerce (SGD 102.6 billion vs SGD 103.2 billion). Meanwhile, consumer loans rose to SGD 384.4 billion from SGD 366.3 billion, supported by higher housing and bridging loans (SGD 256.6 billion vs SGD 254.7 billion), other personal loans (SGD 98.8 billion vs SGD 83.1 billion), and credit card loans (SGD 18.0 billion vs SGD 17.6 billion).

Singapore’s bank loans increased to a new record peak of SGD 939.1 billion in July 2026 from SGD 931.4 billion in June. Loans to businesses advanced to SGD 572.8 billion from SGD 569.3 billion, mainly boosted by higher lending to manufacturing (SGD 31.9 billion vs SGD 28.3 billion), building and construction (SGD 189.9 billion vs SGD 186.6 billion), and general commerce (SGD 103.2 billion vs SGD 102.4 billion). By contrast, declines were seen in both transportation, storage, and communication (SGD 49.5 billion vs SGD 50.5 billion) and financial and insurance activities (SGD 146.8 billion vs SGD 151.3 billion). At the same time, consumer loans climbed to SGD 366.3 billion from SGD 362.1 billion, supported by higher housing and bridging loans (SGD 254.7 billion vs SGD 252.8 billion), other personal loans (SGD 83.1 billion vs SGD 80.6 billion), and car loans (SGD 10.2 billion vs SGD 10.1 billion). Conversely, loans fell for credit card loans (SGD 17.6 billion vs SGD 17.9 billion).

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), general commerce (SGD 102.4 billion vs SGD 98.6 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). At the same time, consumer loans rose to SGD 362.1 billion from SGD 360.0 billion, supported by higher housing and bridging loans (SGD 252.8 billion vs SGD 251.4 billion), car loans (SGD 10.1 billion vs SGD 9.9 billion), credit card loans (SGD 17.9 billion vs SGD 17.7 billion), share financing (SGD 750.9 million vs SGD 738.9 million), and other personal loans (SGD 80.6 billion vs SGD 80.3 billion).

Singapore’s bank loans increased to a new record high of SGD 917.7 billion in May 2026 from SGD 908.4 billion in the previous month. Loans to businesses advanced to SGD 557.8 billion from SGD 551.3 billion, driven mainly by higher lending to manufacturing (SGD 28.1 billion vs SGD 27.3 billion), building and construction (SGD 185.2 billion vs SGD 184.1 billion), transportation, storage, and communication (SGD 49.0 billion vs SGD 47.5 billion), and financial and insurance activities (SGD 148.0 billion vs SGD 142.5 billion). Moreover, consumer loans rose to SGD 360.0 billion from SGD 357.1 billion, lifted by higher housing and bridging loans (SGD 251.4 billion vs SGD 249.9 billion), credit card (SGD 17.7 billion vs SGD 17.3 billion), share financing (SGD 738.9 billion vs SGD 704.8 billion), and other personal loans (SGD 80.3 billion vs SGD 79.4 billion).

Singapore’s bank loans increased to a new record high of SGD 908.4 billion in April 2026 from SGD 902.3 billion in the previous month. Loans to businesses advanced to SGD 551.3 billion from SGD 547.6 billion, mainly supported by higher lending to manufacturing (SGD 27.3 billion vs SGD 25.3 billion), building and construction (SGD 184.1 billion vs SGD 183.7 billion), and professional, scientific, technical, administrative, and support services activities (SGD 17.1 billion vs SGD 15.9 billion). Additionally, consumer loans rose to SGD 357.1 billion from SGD 354.7 billion in March, mainly driven by higher housing and bridging loans (SGD 249.9 billion vs SGD 248.3 billion), other personal loans (SGD 79.4 billion vs SGD 78.7 billion), car loans (SGD 9.8 billion vs SGD 9.7 billion), and share financing (SGD 0.7 billion vs SGD 0.6 billion). In contrast, credit card lending edged down to SGD 17.3 billion from SGD 17.4 billion.

Singapore’s bank loans climbed to a fresh record high of SGD 902.3 billion in March 2026 from SGD 893.6 billion in the previous month. Loans to businesses increased to SGD 547.6 billion from SGD 541.5 billion, largely driven by higher lending to general commerce (SGD 99.9 billion vs SGD 90.5 billion in February), transport, storage and communication (SGD 48.2 billion vs SGD 46.2 billion), and financial and insurance activities (SGD 142.6 billion vs SGD 141.5 billion). In addition, consumer loans rose to SGD 354.7 billion from SGD 352.2 billion, mainly due to increased housing and bridging loans (SGD 248.3 billion vs 246.8 billion), other personal loans (SGD 78.7 billion vs SGD 77.8 billion), car loans (SGD 9.7 billion vs SGD 9.5 billion), and credit cards (SGD 17.4 billion vs SGD 17.3 billion). In contrast, activities fell for share financing (SGD 0.6 billion vs SGD 0.7 billion).

Singapore’s bank loans rose to a new all-time high of SGD 893.6 billion in February 2026, up from SGD 887.5 billion in the previous month. Loans to businesses climbed to SGD 541.5 billion from SGD 537.1 billion, primarily driven by increased lending to financial and insurance activities (SGD 141.5 billion vs SGD 136.6 billion), building and construction (SGD 183.8 billion vs SGD 182.2 billion), transport, storage and communication (SGD 46.2 billion vs SGD 45.5 billion), and other businesses (SGD 31.6 billion vs SGD 31.5 billion). In addition, consumer loans increased to SGD 352.2 billion from SGD 350.4 billion, mainly due to higher housing and bridging loans (SGD 246.8 billion vs SGD 245.6 billion), car loans (SGD 9.5 billion vs 9.4 billion), and other personal loans (SGD 77.8 billion vs SGD 77.2 billion). In contrast, activities fell for credit card loans (SGD 17.3 billion vs SGD 17.6 billion) and share financing (SGD 0.68 billion vs SGD 0.7 billion).

Singapore’s bank loans increased to a fresh record peak of SGD 887.5 billion in January 2026, up from SGD 886.1 billion in the previous month. Consumer loans climbed to SGD 350.4 billion from SGD 347.4 billion, driven mainly by higher housing and bridging loans (SGD 245.6 billion vs SGD 244.1 billion in December 2025), car loans (SGD 9.5 billion vs SGD 9.3 billion), and other personal loans (SGD 77.2 billion vs SGD 75.6 billion). In contrast, activities fell for credit card loans (SGD 17.6 billion vs SGD 17.8 billion) and share financing (SGD 0.7 billion vs SGD 0.72 billion). In addition, loans to businesses fell to SGD 537.1 billion from SGD 538.7 billion, driven by lower lending in building and construction (SGD 182.2 billion vs SGD 182.4 billion), general commerce (SGD 92.3 billion vs SGD 99.2 billion), and transport, storage and communication (SGD 45.5 billion vs SGD 45.8 billion).

Singapore's bank loans increased to a new record high of SGD 886.1 billion in December 2025, up from SGD 873.1 billion in the previous month. Loans to businesses surged to SGD 538.7 billion from SGD 528.3 billion in November, primarily due to increased lending to manufacturing (SGD 27.6 billion vs SGD 27.4 billion), general commerce (SGD 99.1 billion vs. SGD 92 billion), building construction (SGD 182.4 billion vs SGD 179.5 billion), and transportation, storage & communication (SGD 45.8 billion vs. SGD 44.7 billion). By contrast, loans to financial and insurance activities fell to SGD 134.5 billion from SGD 136.1 billion. In addition, consumer loans climbed to SGD 347.4 billion from SGD 344.8 billion, driven mainly by higher housing and bridging loans (SGD 244.1 billion vs SGD 242.6 billion), car loans (SGD 9.3 billion vs SGD 9.1 billion), credit card loans (SGD 17.8 billion vs SGD 17.6 billion), and other personal loans (SGD 75.6 billion vs SGD 74.8 billion).

Singapore's bank loans increased to a fresh record peak of SGD 873.1 billion in November 2025, from SGD 866.1 billion in the previous month. Loans to businesses jumped to SGD 528.3 billion from SGD 523.6 billion in October, primarily due to increased lending in manufacturing (SGD 27.4 billion vs SGD 26.6 billion), agriculture, mining, and quarrying (SGD 3.4 billion vs SGD 3.2 billion), general commerce (SGD 92 billion vs SGD 90.3 billion), transportation, storage & communication (SGD 44.7 billion vs SGD 44.3 billion), and financial and insurance activities (SGD 136.1 billion vs SGD 133.4 billion). In addition, consumer loans increased to SGD 344.8 billion from SGD 342.5 billion, driven mainly by higher housing and bridging loans (SGD 242.6 billion vs SGD 241.4 billion), car loans (SGD 9.1 billion vs SGD 9 billion), credit card loans (SGD 17.6 billion vs SGD 17.1 billion), and other personal loans (SGD 74.8 billion vs SGD 74.3 billion).

Singapore’s bank loans rose to a fresh record high of SGD 866.1 billion in October 2025, up from SGD 863.8 billion in September, supported by increases in consumer loans. Consumer loans rose to SGD 342.5 billion from SGD 339.7 billion, driven primarily by higher housing and bridging loans (SGD 241.4 billion vs 240.0 billion in September), car loans (SGD 9.0 billion vs 8.9 billion), credit card loans (SGD 17.1 billion vs 17.0 billion), and other personal loans (SGD 74.3 billion vs 73.2 billion). Meanwhile, loans to businesses fell to SGD 523.6 billion in October from SGD 524.0 billion in September, driven by lower lending in manufacturing (SGD 26.6 billion vs 26.8 billion), agriculture, mining, and quarrying (SGD 3.2 billion vs 3.4 billion), and building & construction (SGD 179.7 billion vs 181.2 billion). By contrast, loans rose slightly for general commerce (SGD 90.3 billion vs 90.1 billion) and transportation, storage & communication (SGD 44.3 billion vs 44.2 billion).

Singapore’s bank loans rose to SGD 863.8 billion in September 2025, up from SGD 851.7 billion in August, marking a record high after posting the smallest increase in four months in the previous month. Loans to businesses increased to SGD 524.0 billion in September from SGD 514.6 billion in August. Growth was particularly notable in manufacturing (SGD 26.8 billion vs 24.8 billion in August), agriculture, mining, and quarrying (SGD 3.4 billion vs 3.3 billion), building & construction (SGD 181.2 billion vs 179.0 billion), general commerce (SGD 90.1 billion vs 86.9 billion), and transportation, storage, and communication (SGD 44.2 billion vs 43.6 billion). Meanwhile, consumer loans rose to SGD 339.7 billion from SGD 337.1 billion, supported primarily by higher housing and bridging loans (SGD 240.0 billion vs. 239.2 billion), car loans (SGD 8.9 billion vs 8.7 billion), credit card loans (SGD 17.0 billion vs 16.8 billion), and other personal loans (SGD 73.2 billion vs 71.9 billion).

Singapore’s bank loans fell to SGD 851.7 billion in August 2025, from a record high of SGD 854 billion in the previous month. This marked the smallest amount since May, dragged down by decreases in loans to businesses (SGD 514.6 billion vs SGD 519.5 billion in July), particularly in the sectors of manufacturing (SGD 24.8 billion vs SGD 25.5 billion), agriculture, mining and quarrying (SGD 3.3 billion vs SGD 3.4 billion), building and construction (SGD 179 billion vs SGD 180.6 billion), general commerce (SGD 86.9 billion vs SGD 88.2 billion), and transportation, storage and communication (SGD 43.6 billion vs SGD 44.8 billion). Meanwhile, consumer loans increased to SGD 337.1 billion from SGD 334.5 billion, driven primarily by higher housing and bridging loans (SGD 239.2 billion vs SGD 238.1 billion), car loans (SGD 8.7 billion vs SGD 8.6 billion), credit card loans (SGD 16.8 billion vs SGD 16.6 billion), and other personal loans (SGD 71.9 billion vs SGD 70.7 billion).

Singapore’s bank loans rose to SGD 854.0 billion in July 2025, up from SGD 853.3 billion in June, marking the highest level since records began in 1980. The increase was driven primarily by a rise in consumer loans, which climbed to SGD 334.5 billion from SGD 332.6 billion in June. Within consumer lending, gains were recorded in housing and bridging loans (SGD 238.1 billion vs SGD 237.2 billion in June), car loans (SGD 8.6 billion vs SGD 8.5 billion), share financing (SGD 0.56 billion vs SGD 0.53 billion), and others (SGD 70.7 billion vs SGD 69.7 billion). Meanwhile, business loans declined slightly to SGD 519.5 billion, from SGD 520.7 billion in June. The drop was mainly due to agriculture, mining & quarrying (SGD 3.43 billion vs SGD 3.72 billion), general commerce (SGD 88.2 billion vs SGD 90 billion), and financial and insurance activities (SGD 130.4 billion vs SGD 133.4 billion).

Singapore bank loans increased to SGD 853.3 billion in June 2025 from SGD 844.6 billion in May. This marked the largest amount since records began in 1980, driven by higher loans to businesses (SGD 520.7 billion vs SGD 515 billion in May) and consumers (SGD 332.6 billion vs SGD 329.6 billion). Within the business sector, loans rose in agriculture, mining and quarrying (SGD 3.72 billion vs SGD 3.71 billion), manufacturing (SGD 23.9 billion vs SGD 23.4 billion), general commerce (SGD 90 billion vs SGD 88 billion), transport, storage and communication (SGD 43.1 billion vs SGD 41.2 billion), and financial and insurance activities (SGD 133.4 billion vs SGD 132.9 billion). On the consumer side, increases were recorded in housing and bridging loans (SGD 237.2 billion vs SGD 235.7 billion), car loans (SGD 8.5 billion vs SGD 8.4 billion), credit cards (SGD 16.7 billion vs SGD 16.6 billion), share financing (SGD 0.53 billion vs SGD 0.49 billion) and others (SGD 69.7 billion vs SGD 68.4 billion).

Singapore bank loans rose to SGD 844.6 billion in May 2025 from SGD 841.9 billion in April. Lending increased to both businesses (SGD 515 billion vs SGD 513.8 billion in April) and consumers (SGD 329.6 billion vs SGD 328.1 billion). Within the business sector, loans grew for agriculture, mining & quarrying (SGD 3.7 billion vs SGD 3.3 billion), building and construction (SGD 178.8 billion vs SGD 177.8 billion), general commerce (SGD 88 billion vs SGD 86.3 billion), and professional, scientific, technical, administrative, and support service activities (SGD 16.5 billion vs SGD 16 billion). Meanwhile, on consumer lending, increases were recorded in housing and bridging loans (SGD 235.7 billion vs SGD 234.5 billion), car loans (SGD 8.4 billion vs SGD 8.2 billion), and credit cards (SGD 16.6 billion vs SGD 16.4 billion).

Singapore bank loans fell to SGD 841.9 billion in April 2025 from a record high of SGD 846.5 billion in the previous month. Lending to businesses decreased (SGD 513.8 billion vs SGD 519.6 billion in March), as loans declined for agriculture, mining and quarrying (SGD 3.3 billion vs SGD 3.6 billion), manufacturing (SGD 23.8 billion vs SGD 24.4 billion), and general commerce (SGD 86.3 billion vs SGD 93.8 billion). On the other hand, lending to consumers increased (SGD 328.1 billion vs SGD 327 billion), primarily attributed to higher housing and bridging loans (SGD 234.5 billion vs SGD 233.6 billion), car loans (SGD 8.20 billion vs SGD 8.15 billion), credit cards (SGD 16.4 billion vs SGD 16.2 billion), and others (SGD 68.5 billion vs SGD 68.4 billion).

Singapore bank loans increased to SGD 846.5 billion in March 2025 from SGD 841.1 billion in February. This marked the largest amount since records began in 1980, driven by higher loans to both businesses (SGD 519.6 billion vs SGD 515.9 billion in February) and consumers (SGD 327 billion vs SGD 325.2 billion). Within the business sector, loans rose in manufacturing (SGD 24.4 billion vs SGD 22.4 billion), general commerce (SGD 93.8 billion vs SGD 87.5 billion), and professional, scientific, technical, administrative, and support service activities (SGD 15.4 billion vs SGD 14.6 billion), while remained steady for building and construction (at SGD 177.8 billion). On the consumer side, increases were recorded in housing and bridging loans (SGD 233.6 billion vs SGD 233 billion), car loans (SGD 8.2 billion vs SGD 8.1 billion), and other loans (SGD 68.4 billion vs SGD 67.3 billion).

Singapore bank loans increased to SGD 841.1 billion in February 2025, up from SGD 836.3 billion in January. This marked the largest amount since June 2022, mainly boosted by rises in loans for businesses (SGD 515.9 billion vs SGD 512 billion). Within the business sector, loans climbed for agriculture, mining & quarrying (SGD 3.8 billion vs SGD 3.7 billion), financial and insurance activities (SGD 137.9 billion vs SGD 136 billion), manufacturing (SGD 22.4 billion vs SGD 21.7 billion), building and construction (SGD 177.8 billion vs SGD 176.2 billion), and others (SGD 29.7 billion vs SGD 27.5 billion). By contrast, loans fell to general commerce (SGD 87.5 billion vs SGD 87.9 billion), transport, storage, and communications (SGD 42.2 billion vs SGD 43.8 billion), and professional, scientific, technical, administrative, and support service activities (SGD 14.6 billion vs SGD 15.1 billion). Additionally, consumer loans rose to SGD 325.2 billion due to rises in housing and bridging loans.