MAS Revises Notice on Unsecured Credit Facilities for Retail

Banks should not increase credit limits if the total outstanding unsecured credit would exceed 6 times the borrower's monthly income.

To continue reading...

Get access today

Sign up for a free 2-week trial and get instant, unrestricted and unlimited access to Regulation Asia.


Already taken your free trial? Get in touch with our team and enquire about a subscription today. Select subscribe below to view our subscription packages or you can email us at [email protected] to discuss your options.


To Top
Share via
Copy link
Powered by Social Snap