Total loans and advances extended bybanks in Singapore rose in January to 36.01 billion Singapore
dlrs from 35.79 billion in December but fell from 36.93 billion
a year ago, the Monetary Authority of Singapore said.
    It said the increase was concentrated in loans to the
manufacturing and real estate sectors, while loans to the
commerce sector declined.
    Deposits of non-bank customers also fell in January to
30.44 billion dlrs from 30.61 billion in December but rose from
28.33 billion in January, 1986.
    Total assets and liabilities of banks rose to 77.60 billion
dlrs in January from 76.83 billion in the previous month and
69.45 billion a year ago.
    Assets and liabilities of finance companies fell to 6.87
billion dlrs from 6.95 billion and compared with 6.85 billion,
respectively.
    Loans extended by finance companies rose to 4.77 billion
dlrs from 4.74 billion in December and against 5.34 billion in
January last year, while deposits placed with them dropped to
4.68 billion against 4.89 and 4.79 billion.
 REUTER
