Tags Chinese credit cards

Tag: Chinese credit cards

Finance

China Removes Restrictions on Credit Card Overdraft Rates for over 700 Million Card Holders

CBNEditor - January 11, 2021 0

China's central bank has removed restrictions on the overdraft rates for credit cards, in a major shake up for the country's interest...

Finance

Chinese Banks See Spike in Non-performing Credit Card Debt Since COVID-19

CBNEditor - November 16, 2020 0

The non-performing ratios (NPR's) of Chinese credit cards have posted a sizeable increase since the onset of the COVID-19 pandemic.

Finance

Chinese Bank Cards Increase 8.9% YoY in 2019 to 8.53 Billion

CBNEditor - September 24, 2020 0

A new report from the peak body for the Chinese banking sector points to robust growth in bank cards in 2019.

Banking

Non-performing Credit Card Debt Rises amongst Chinese Banks During First Half of 2020

CBNEditor - September 6, 2020 0

Chinese banks have seen a sizeable rise in non-performing credit card debt in the first half of 2020, as the COVID-19 pandemic...

Finance

Bank of Beijing Teams up with JD.com’s Fintech Subsidiary to Launch Joint Credit Card

CBNEditor - August 4, 2020 0

Municipal lender Bank of Beijing has teamed up with JD.com's fintech vehicle JD Digits (formerly JD Finance) to issue a new credit...

Banking

China Construction Bank’s Credit Card Users Exceed 100 Million

CBNEditor - July 31, 2020 0

Big state-owned lender China Construction Bank (CCB) has announced that the number of its credit card users has exceeded the 100 million...

Finance

American Express Becomes First Foreign Payments Network to Grab Approval to Operate in China

CBNEditor - June 14, 2020 0

American Express's joint-venture in China has just grabbed approval from the Chinese central bank to engage in bank card clearing operations.

Banking

Chinese Credit Card Issuance Drops in First Half, Delinquency Rates Rise

CBNEditor - September 5, 2019 1

Growth in active credit cards in China plunged in the first half of 2019, with a number of major banks seeing a...

Banking

Growth in Chinese Bank Credit Transactions Hits Five Year High of 24.9% in 2018

CBNEditor - June 25, 2019 0

China's credit card numbers and credit card transaction amount both saw surging growth in 2018.

Banking

Per Capita Bank Card Ownership in China Hit 5.46 in 2018, Average Card Spending at 12,200 Yuan

CBNEditor - March 19, 2019 0

A new report from the Chinese central bank on the domestic payments points to an ongoing rise in per capita bank card...

12 Page 1 of 2

Tag: Chinese credit cards

Most Read

KPMG Releases List of China’s Top 50 Fintech Companies in 2020

China’s State-owned Enterprises to Pursue Greater International Cooperation Post-COVID-19

Beijing Aims for Internet of Things Security Standards by 2022

TikTok’s Chinese Counterpart Confirms Addition of Online Payments Function

ABOUT US

FOLLOW US