Corporate loans reached 277 USD bil in 2013 in Singapore, according to the National Central Bank. This is 18.9 % more than in the previous year.
Historically, corporate loans in Singapore reached an all time high of 277 USD bil in 2013 and an all time low of 54.9 USD bil in 2005. When compared to Singapore's main peers, corporate loans in Indonesia amounted to 130 USD bil, 138 USD bil in Malaysia, 44.9 USD bil in Philippines and 142 USD bil in Thailand in 2013.
Singapore has been ranked 11th within the group of 92 countries we follow in terms of corporate loans.
Corporate loans are loans made to businesses for a specific business purpose.