SINGAPORE - Bank lending crept up in February amid the coronavirus outbreak, on the back of a rise in business loans, preliminary data from the Monetary Authority of Singapore showed on Tuesday .
Total lending stood at $692.85 billion in February, compared with $691.15 billion in January. It also rose 3.1 per cent over the same month last year. Loans to nearly all business segments rose, including financial institutions, manufacturing, general commerce, business services as well as the transport, storage and communication sector.
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