Monday, 5 December 2011

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Singapore Syndicated Lending Surges 91% to Record $38 Billion

  • Monday, 5 December 2011
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  • BusinessWeek, 6 Dec 2011
    Dec. 6 (Bloomberg) -- Syndicated lending in Singapore has almost doubled to a record this year, driven by demand from property developers and a surge in commodity trading.
    Loans surged 91 percent to $38.3 billion this year from the same period of 2010, beating the previous record of $30.7 billion in all of 2008, according to data compiled by Bloomberg. Full story

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