Bank credit card penetration reached 164% in 2016 in Singapore, according to the National Central Bank. This is 4.35% less than in the previous year.
Historically, bank credit card penetration in Singapore reached an all time high of 177% in 2013 and an all time low of 164% in 2016.
Singapore has been ranked 7th within the group of 49 countries we follow in terms of bank credit card penetration.
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