158.2 billion yuan: Credit card loans increased by 110.9% year-on-year _ China credit card cashing out

by snakeszf1 on 2009-04-06 12:16:40

158.2 billion: Credit card debt is equivalent to 4.8 times that of three years ago, with a year-on-year increase of 110.9%. After five years of hard work, some banks that launched credit cards earlier have started to no longer blindly pursue the number of cards issued, but focus on improving core indicators such as credit card transaction volume. At the same time, risk control has become an issue that cannot be ignored by all credit card centers. The latest data statistics from the Shanghai Banking Regulatory Bureau show that, as of the end of 2008, among all licensed credit cards in Shanghai...