credit cards

UOB's card fees nearly doubled to a record high of $104 million in 3QFY2023.

Singapore’s bank lending rose for the fourth consecutive month in February.

Affirm is out to disrupt the credit card business by changing the way young people shop, pay and use credit.

A month has passed with Singapore’s bank lending rate declining as both business and consumer loans took a hit.

June marks the fourth month of decline in Singapore’s bank lending as both business and consumer loans took a hit from the Covid-19 health-turned-economic crisis.

UOB announces rebate enhancement program for UOB One Credit and Debit cardmembers

“The risk remains that overall bank loans growth could actually contract in the coming months if there is no snapback in consumer demand and business capital expenditure intentions,” says OCBC’s Ling.

“With the start of the circuit breaker to combat Covid-19, this has exerted a significant dampening effect on private consumer spending and in turn consumer loans as well,” observes Selena Ling, head of treasury research and strategy at OCBC Bank.

SINGAPORE (Sept 20): While a majority of Singaporeans view the city state’s financial services sector as more trustworthy than a decade ago, many are cautious towards less familiar sub-industries and new & emerging digital financial services companies.

SINGAPORE (Nov 29): Credit cardholders in Singapore are increasing their usage of mobile payment services, compared to other key global markets, according to the JD Power 2017 Singapore Credit Card Satisfaction Study.