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. source: Monetary Authority of Singapore

Loans to Private Sector in Singapore increased to 908374.90 SGD Million in April from 902267 SGD Million in March of 2026. Loans to Private Sector in Singapore averaged 296778.52 SGD Million from 1980 until 2026, reaching an all time high of 908374.90 SGD Million in April of 2026 and a record low of 16439.80 SGD Million in January of 1980. This page provides the latest reported value for - Singapore Loans to Private Sector - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Singapore Loans to Private Sector - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Loans to Private Sector in Singapore increased to 908374.90 SGD Million in April from 902267 SGD Million in March of 2026. Loans to Private Sector in Singapore is expected to be 884056.00 SGD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Loans to Private Sector is projected to trend around 960259.00 SGD Million in 2027 and 1003471.00 SGD Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-04-30 02:00 AM
Bank Lending
Mar S$902.3B S$893.6B S$ 892.2B
2026-05-29 02:00 AM
Bank Lending
Apr S$908.4B S$902.3B S$901.0B
2026-07-01 02:00 AM
Bank Lending
May S$908.4B S$912.0B


Related Last Previous Unit Reference
Banks Balance Sheet 4015485.80 4004346.00 SGD Million May 2026
Central Bank Balance Sheet 793043.30 794811.20 SGD Million May 2026
Foreign Exchange Reserves 548596.10 544144.20 SGD Million May 2026
Overnight Rate Average (SORA) 1.43 1.16 percent Jun 2026
Bank Lending 908374.90 902267.00 SGD Million Apr 2026
Money Supply M0 68902.80 68638.70 SGD Million Apr 2026
Money Supply M1 324245.10 316591.20 SGD Million Apr 2026
Money Supply M2 897544.60 887333.80 SGD Million Apr 2026
Money Supply M3 913627.60 903281.10 SGD Million Apr 2026


Singapore Loans to Private Sector
In Singapore, bank lending measures the change in the total value of outstanding bank loans and advances issued to consumers and businesses.
Actual Previous Highest Lowest Dates Unit Frequency
908374.90 902267.00 908374.90 16439.80 1980 - 2026 SGD Million Monthly
Current Prices, NSA

News Stream
Singapore Bank Lending Hits Fresh Record High
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.
2026-05-29
Singapore Bank Lending Hits Fresh Record
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).
2026-04-30
Singapore Bank Lending Hits New Peak
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).
2026-03-31