Singapore bank loans increased to SGD 853.3 billion in June 2025 from SGD 844.6 billion in May. This marked the largest amount since records began in 1980, driven by higher loans to businesses (SGD 520.7 billion vs SGD 515 billion in May) and consumers (SGD 332.6 billion vs SGD 329.6 billion). Within the business sector, loans rose in agriculture, mining and quarrying (SGD 3.72 billion vs SGD 3.71 billion), manufacturing (SGD 23.9 billion vs SGD 23.4 billion), general commerce (SGD 90 billion vs SGD 88 billion), transport, storage and communication (SGD 43.1 billion vs SGD 41.2 billion), and financial and insurance activities (SGD 133.4 billion vs SGD 132.9 billion).
On the consumer side, increases were recorded in housing and bridging loans (SGD 237.2 billion vs SGD 235.7 billion), car loans (SGD 8.5 billion vs SGD 8.4 billion), credit cards (SGD 16.7 billion vs SGD 16.6 billion), share financing (SGD 0.53 billion vs SGD 0.49 billion) and others (SGD 69.7 billion vs SGD 68.4 billion).
