Bank lending in Singapore continued to rise in May 2026, with total loans increasing to S$917.7 billion, up from S$908.4 billion in April 2026. The latest figures indicate a further expansion in credit activity across the financial system.
The data, updated on 1 July 2026, show that May’s reading builds on the previous month’s level, suggesting sustained demand for financing from businesses and households. The continued growth in lending may reflect ongoing economic activity and confidence in Singapore’s financial sector, as credit conditions remain supportive heading into the second half of 2026.