Monetary Policy in Singapore and the Global Financial Crisis


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Monetary Policy in Singapore and the Global Financial Crisis

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b1110

Challenges for the Singapore Economy

152

C. H. Kwan and P. Wilson

2007


2008

2009


2010

100000


125000

150000


175000

200000


225000

250000


275000

Total


Business

Consumer


Figure 4:

Singapore’s bank lending to non-bank customers, S$ million,

2007–2010.

Source

: Monetary Authority of Singapore database, mas.gov.sg.

2007

2008


2009

2010


0

5

10



15

20

25



30

35

Change from Previous Year %



Business

Total


Consumer

Figure 5:

Growth in bank lending to non-bank customers in Singapore

2007–2010.

Source

: Monetary Authority of Singapore financial database, www.mas.gov.sg.

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