You are here

Credit card curbs rein in borrowing binge

But MAS says it's monitoring impact of fintech on unsecured borrowing

BP_Creditcard_011217_11.jpg
The proportion of leveraged borrowers has fallen following the latest rules to rein in credit card debt, the latest Financial Stability Review report released on Thursday showed.

Singapore

THE proportion of leveraged borrowers has fallen following the latest rules to rein in credit card debt, the latest Financial Stability Review report released on Thursday showed.

But the Monetary Authority of Singapore (MAS) said it is watching the impact of fintech on

sentifi.com

Market voices on:

Powered by GET.comGetCom