Home · Weather · Forum · Learning Chinese · Jobs · Shopping
Search This Site
China | International | Business | Government | Environment | Olympics/Sports | Travel/Living in China | Culture/Entertainment | Books & Magazines | Health
Home / Business / Finance Tools: Save | Print | E-mail | Most Read | Comment
BoCom surpasses 5 million cards threshold
Adjust font size:

Bank of Communications has issued more than five million credit cards so far, the bank said today.

The bank issue cards 30 percent above its previous target, Xu Han, deputy chief executive of the Shanghai-based bank's credit card center said today in Shanghai.

Issuing co-branded credit cards with retailers like supermarkets will be one move to help boost its credit card number, Xu said.

The bank today teamed up Shanghai Lotus Supermarket Chain Store Co to issue co-branded credit cards. The card can be used in 75 Lotus supermarkets nationwide.

"Allying with big supermarket companies like Wal-Mart and Lotus bring a group of active card users," said Xu. "We are not only seeking higher card numbers but active card users."

BoCom teamed up with HSBC in the credit card line and started issuing credit cards in 2005.

(Shanghai Daily February 22, 2008)

Tools: Save | Print | E-mail | Most Read

Username   Password   Anonymous
China Archives
Related >>
- BoCom profit climbs
- BoCom takes 10% stake in Changshu Rural
- BoCom ties up with Jinrui to tap gold futures
Most Viewed >>
-China hope against slowdown
-Aluminum prices rise
-WTO showdown for China's auto tariffs
-New tax threshold questioned
-China still a draw for S. Korean firms

May 15-17, Shanghai Women's Forum Asia
Dec. 12-13 Beijing China-US Strategic Economic Dialogue
Nov. 27-28 Beijing China-EU Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
SiteMap | About Us | RSS | Newsletter | Feedback

Copyright © All Rights Reserved E-mail: Tel: 86-10-88828000 京ICP证 040089号