CITIC to expand credit card business
By Zhang Fengming |
July 30, 2011, Saturday
|
Print Edition
Print Edition
CHINA Citic Bank plans to increase credit card circulation by about 20 percent this year.
The bank plans to issue 2 million to 2.5 million new credit cards this year, Chen Jing, head of the credit card department of the bank, told Shanghai Daily yesterday.
"We are targeting three groups of customers - the emerging wealthy, rich people and high net-worth individuals," Chen said.
The bank has teamed up with China Eastern Airlines to issue co-branded credit cards to target high net-worth individuals as they tend to be frequent fliers.
CITIC had about 10.5 million credit cards in circulation at the end of 2010, he said.
China had issued more than 242 million credit cards at the end of March, an annual rise of 25.7 percent.
There were also 2.6 billion bank cards in circulation at the end of March.
The bank plans to issue 2 million to 2.5 million new credit cards this year, Chen Jing, head of the credit card department of the bank, told Shanghai Daily yesterday.
"We are targeting three groups of customers - the emerging wealthy, rich people and high net-worth individuals," Chen said.
The bank has teamed up with China Eastern Airlines to issue co-branded credit cards to target high net-worth individuals as they tend to be frequent fliers.
CITIC had about 10.5 million credit cards in circulation at the end of 2010, he said.
China had issued more than 242 million credit cards at the end of March, an annual rise of 25.7 percent.
There were also 2.6 billion bank cards in circulation at the end of March.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
