Singapore's credit card spending of S$20 billion in Q3 2022 is the highest since 2010's level at about S$4 billion.
Will this credit card spending trend continue in 2023 and what could it mean for the broader banking sector asset quality amid a weaker growth outlook and rising recession fears?
Rena Kwok, Credit Analyst, Asian Financials, Bloomberg Intelligence shares her insights on the latest report

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