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FX.co ★ Singapore Bank Lending Rises to SGD 978.8B in September, Extending Credit Growth Trend

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typeContent_19130:::2026-10-30T02:00:00

Singapore Bank Lending Rises to SGD 978.8B in September, Extending Credit Growth Trend

Singapore’s bank lending continued to expand in September 2026, with total loans climbing to SGD 978.8 billion, up from SGD 966.4 billion in August 2026.

The latest figures, updated on 30 October 2026, indicate a sustained increase in credit activity across the financial system. The month-on-month rise from SGD 966.4 billion to SGD 978.8 billion highlights ongoing demand for borrowing, which may reflect resilient business financing needs and continued consumer credit growth.

The September 2026 data adds to the picture of a steadily growing lending environment in Singapore’s banking sector, underscoring the role of credit in supporting broader economic activity during the period.

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