KBank focuses on plastic cardsKasikornbank plans to broaden its customer base through credit- and debit-card business, as plastic cards will provide a boost to fee income during a period of narrow margins from interest income.
China OKs Citi Credit Card BizCitigroup Inc. will launch its own credit card business in China, following approval from the China Banking Regulatory Commission.
Video: Are small business credit cards worth it?Small business credit cards generally have higher credit limits, richer rewards and better tracking systems, but they don't offer the same protections as consumer credit cards. Sumi Das from CBS Moneywatch.com has the details.
Citi to Issue Credit Cards in ChinaChina’s decision to allow Citigroup Inc. to issue credit cards may signal an opening of the banking market as the government relaxes restrictions that are the subject of a U.S. complaint at the World Trade Organization.
Citigroup to launch credit cards in ChinaCitigroup said it has won permission to issue credit cards in China, a first for a foreign bank amid complaints regulators largely shut out overseas competitors from tapping the massive market.
Citi gets approval to issue credit cards in ChinaSHANGHAI (Reuters) - The China unit of Citigroup Inc said on Monday that it has received regulatory approval to issue credit cards in China, the first non-Asian bank to receive permission. Citi, which has branches in 13 cities, said it would likely launch credit card operations this year. "This approval represents a significant milestone in the continued expansion of Citi's business in China, a ...