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Bank Lending

SG

Key Values

Actual
939.1
Forecast
950
Previous
931.4

About This Indicator

Description

This indicator measures the total value of outstanding loans and advances granted by commercial banks to consumers and businesses in Singapore. It serves as a vital barometer for economic activity, as increased lending typically signals business expansion and higher consumer confidence. A steady rise in bank lending is often associated with robust GDP growth.

Methodology

The data is compiled from monthly regulatory returns submitted by banks to the Monetary Authority of Singapore (MAS), covering both domestic and international lending units.

Source: Monetary Authority of Singapore

Full History

Historical Data
View data as table
DateActualForecastSurprise
Aug 31, 2026939.10950.00-10.90
Jul 31, 2026931.40884.10+47.30
Jul 1, 2026917.70912.00+5.70
May 29, 2026908.40901.00+7.40
Apr 30, 2026902.30892.20+10.10
Mar 31, 2026893.60888.50+5.10
Feb 27, 2026887.50895.00-7.50
Jan 30, 2026886.10869.20+16.90
Dec 31, 2025873.10868.00+5.10
Nov 28, 2025866.10869.00-2.90
Oct 31, 2025863.80847.60+16.20
Sep 30, 2025851.70855.00-3.30
Aug 29, 2025854.00855.00-1.00
Jul 31, 2025853.30822.10+31.20
Jul 1, 2025844.60820.00+24.60
May 30, 2025841.90850.00-8.10
Apr 30, 2025846.50843.30+3.20
Mar 28, 2025841.10840.00+1.10
Feb 28, 2025836.30——
Jan 31, 2025835.00818.20+16.80
Dec 31, 2024819.40——
Nov 29, 2024813.10810.00+3.10
Oct 30, 2024808.80807.20+1.60
Sep 30, 2024800.00802.00-2.00
Aug 30, 2024801.20805.00-3.80
Jul 31, 2024803.60816.10-12.50
Jul 1, 2024796.70805.00-8.30
May 31, 2024804.30809.00-4.70
Apr 30, 2024807.80811.20-3.40
Mar 28, 2024801.50——
Feb 29, 2024794.30——
Jan 31, 2024793.70812.00-18.30
Dec 29, 2023792.90——
Nov 30, 2023791.50——
Oct 31, 2023787.70853.90-66.20
Sep 29, 2023786.30——
Aug 31, 2023786.50797.00-10.50
Jul 31, 2023799.30802.00-2.70
Jun 30, 2023798.80799.30-0.50
May 31, 2023792.50805.10-12.60
Apr 28, 2023796.90800.00-3.10
Mar 31, 2023803.80——
Feb 28, 2023807.10——
Jan 31, 2023813.50813.00+0.50
Dec 30, 2022816.50——
Nov 30, 2022826.10——
Oct 31, 2022838.80827.90+10.90
Sep 30, 2022842.80——
Aug 31, 2022838.00——
Jul 29, 2022841.60721.50+120.10

Statistics

Mean
836.3
Std Deviation
44.6
Trend
Rising
Forecast Accuracy
84.8%
Data Points
141
YoY
+85.8

Upcoming Releases

Sep 30
02:00
Bank Lending
In 28 days
P: 939.1