Retail loans reached 225 SGD bil in 2013 in Singapore, according to the National Central Bank. This is 8.96 % more than in the previous year.
Historically, retail loans in Singapore reached an all time high of 225 SGD bil in 2013 and an all time low of 89.2 SGD bil in 2004. When compared to Singapore's main peers, retail loans in Indonesia amounted to 935,254 IDR bil, 691 MYR bil in Malaysia, 279 PHP bil in Philippines and 3,251 THB bil in Thailand in 2013.
Singapore has been ranked 41st within the group of 71 countries we follow in terms of retail loans.
A retail loan is a loan provided by a bank to a physical person.