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Retail loans to shrink 2.5% in 2020 – Before the pandemic struck, retail loans were forecasted to grow by 2.2% for the year. “The COVID-19 outbreak is weighing on Singapore’s banking industry, with banks experiencing low net interest …

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Australians’ credit card debts fell to a 15-year low in July, data showed on Monday, as the pandemic drives a global surge in repayments that analysts say will hurt banks at a time when consumers are …