Citigroup’s third-quarter credit card delinquency ratios were better than feared. The report says consumer credit quality in Citi’s card portfolio remained manageable despite household inflation pressures. It attributes the resilience to disciplined underwriting and collections, but provides no delinquency rates or year-over-year comparison.
Key facts
Citigroup's third-quarter credit card delinquency ratios were better than feared. source
Citigroup's consumer credit quality in its card portfolio remained manageable amid inflation pressures on households. source