“Our top picks for the sector are Public Bank, Malayan Banking Bhd and Hong Leong Bank,” said CGS-CIMB Research.
PETALING JAYA: The banking sector’s credit card receivables (CCR) are expected to rebound from this month, following the lifting of the ban on interstate and international travels for fully-vaccinated individuals.
With consumers utilising their credit cards more, including for travel-related spending, it would augur well for the growth in credit card receivables, said CGS-CIMB Research.
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