BANGKOK, Nov 11 - Krungthai Card <KTC.BK>, Thailand's top credit card issuer, said on Wednesday it expected to add about 180,000 new cards this year, above its target, and up to 200,000 next year as...
The Hong Kong and Shanghai Banking Corporation Limited (HSBC) and China's Bank of Communications announced Wednesday that after negotiations, the two banks will set up a credit card joint venture. According to the announcement, the joint venture will be based in Shanghai and specialize in credit ...
By Tu Lei An ICBC credit card. Most Chinese banks have been unable to turn a profit on credit cards. Photo: CFP Eight months after Industrial and Commercial Bank of China (ICBC) changed interest rules to benefit its credit card holders, no other bank has followed suit because of fears of declin...
WELLINGTON, Oct 21 - Credit card billings in New Zealand fell in September, showing consumers are still cautious as the country emerges from a long recession. The Reserve Bank of New Zealand said on Wednesday...
WELLINGTON, Oct 21 - Credit card billings in New Zealand fell in September, showing consumers are still cautious as the country emerges from a long recession. The Reserve Bank of New Zealand said on Wednesday...
U.S. BANK-ISSUED CREDIT CARD DEBT DELINQUENCIES RISE TO RECORD IN Q2 - ABA...
WASHINGTON, Sept 24 - Two U.S. Democratic lawmakers on Thursday introduced legislation that could speed up the implementation date of new credit card rules by nearly three months. U.S. Representatives Carolyn Maloney and Barney Frank...
BEIJING, Sept 16 - The number of Chinese credit card accounts that are overdue rose rapidly in the first half of this year, underlining potential risks to bank balance sheets, the central bank said on...
* Bank of America credit card defaults rise to 14.54 pct * Citigroup credit card defaults rise to 12.14 pct * JPMorgan Credit card charge-offs rise to 8.73 pct * Credit card issuer shares mostly...
* 20 pct of customers reported higher interest rates * 18 pct of customers complained about fees NEW YORK, Sept 1 - U.S. consumers satisfaction with credit cards plummeted in 2009, driven by anger due...