Latest News:  
Beijing   Overcast/Shower    29 / 21 ℃  City Forecast

English>>China Business

China issues 3.23 bln bank cards by end of June

(Xinhua)

08:21, August 21, 2012

BEIJING, Aug. 20 (Xinhua) -- China issued 3.23 billion bank cards as of the end of the second quarter, an increase of 20.6 percent from a year earlier, the central bank said Monday.

The growth rate was 2.6 percentage points higher than that registered during the same period last year, the People's Bank of China said in a statement on its website.

On a quarterly basis, the number of bank cards expanded by 3.9 percent, the statement said.

Some 302 million credit cards were issued by the end of June, up by 17.4 percent from a year earlier and by 4 percent from the end of March, the statement said.

Credit card loans that were more than six months overdue rose 10.2 percent quarterly to hit 13.27 billion yuan (2.11 billion U.S. dollars) by the end of the second quarter, accounting for 1.5 percent of total credit loans outstanding, the statement said.

News we recommend:
Prices fly for Angry Birds' merchandise Wine imports give Chinese firms a hangover Spirited into the world of e-commerce
Firms should watch out for Internet threats China's firms bigger but not necessarily better China's beauty industry profits from a makeover
A ruling in Europe gives cheer to China  Online retailers declare cut-throat price war [Audio]Soccer in China Part III: The Business Side

Email|Print|Comments(Editor:厉振羽、张洪宇)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. F-15 fighters break sound barrier

  2. Japan stuck in neighbors' anger

  3. China's beauty industry profits from a makeover

  4. Ancient tales of filial piety

  5. Cute baby bear

  6. Sexy bikini special forces

Most Popular

Opinions

  1. Commentary: Meet the new consumers
  2. Medicare row escalates with Romney's VP pick
  3. New UN envoy's appointment last ditch for Syria
  4. Stock markets remain a depressing drag
  5. ASEAN, China should maintain regional stability
  6. Be wary of West powers' attempt on Syria
  7. History proves Diaoyu Islands are China's territory
  8. Nation’s strength backs Diaoyu progress
  9. Who are tomorrow's consumers?
  10. Syrian neighbors different as crisis deepens

What's happening in China

Motorola's journey from the top

  1. Children join parents' petition for overdue wages
  2. Muslims celebrate end of Ramadan
  3. Three missing as leisure boat capsizes
  4. Mountain closed due to fire concerns
  5. Students for migrants during Qixi Festival

China Features

  1. Japan stuck in neighbors' anger
  2. Is China's low-cost era approaching its end?
  3. Chinese firms provided one-stop services in U.S.
  4. Don't store bread and biscuits together
  5. Eat ducks during Chushu (Stopping the heat)

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai