The story appears on

Page B3

August 12, 2009

GET this page in PDF

Free for subscribers

View shopping cart

Related News

HomeBusinessFinance

China Minsheng Banking Corp Aims to double credit cards

CHINA Minsheng Banking Corp plans to almost double its credit card circulation in three years, sources said.

The Beijing-based bank targets a credit card circulation of 12 million in three years. It has issued 6.8 million credit cards so far as the fourth-biggest joint stock bank in credit card circulation.

In its three-year plan, the bank targets a yearly profit of 700 million yuan from its credit card center. The center posted a profit of about 200 million yuan (US$29 million) in the first half of this year.

An independent credit card company is also on the horizon, the source said.

 

Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

娌叕缃戝畨澶 31010602000204鍙

Email this to your friend