免费日韩片_欧美成人精品一区二区男人小说_国产乱码一区二区三区四区_国产精品国产三级国产aⅴ入口_成人看的污污超级黄网站免费_欧美一级在线免费观看_成人午夜免费无码福利片_国产乱人伦偷精品视频色欲_aaa少妇高潮大片免费看_国产精品1234_亚洲精品国产suv一区88_中文字字幕在线中文无码_精品亚洲区_午夜九九九_国产av国片精品jk制服丝袜_色综合亚洲_亚洲成av人片无码bt种子下载_欧美色就色_精品少妇的一区二区三区四区_男人用嘴添女人下身免费视频

  .contact us |.about us
News > Business News ...
Search:
    Advertisement
AIG eyes credit card market in China
( 2004-01-08 14:01) (chinadaily.com.cn)

The world's No.1 insurer American International Group is waiting for approval from Chinese finacial regulator to start credit card business in Chinese mainland, the Financial Times reported today.

"As soon as China opens up, we want to go into China," Edmund Tse, AIG's senior vice-chairman was quoted in an interview with the Financial Times. "All the banks are pushing China to open up the credit card market."

Earlier this month, U.S.-based Citigroup and local partner Pudong Development Bank received approval to issue a co-branded RMB credit card, the first for a foreign group. The Bank of Shanghai, in which HSBC owns an 8 per cent stake, also won permission to issue RMB credit cards this month.

The FT story also said that several other banks, including Standard Chartered, are waiting for the China Banking Regulatory Commission (CBRC), the regulator, to publish new rules that will allow them to apply for foreign currency credit cards.

China is attractive for consumer finance groups due to its fast economic growth and the low number of cards already in issue - 25 million, compared with a population of 1.3 billion.

AIG declined to reveal whether it wanted to launch a RMB card, which would require it to enter a joint venture with a local partner, or a foreign currency one.

The company also declined to comment on the timing of its entry into China. It was studying business opportunities in the market.

website of CBRC: www.cbrc.gov.cn

 
Close  
   
  Today's Top News   Top Business News
   
+Guangdong has a new suspected SARS case
( 2004-01-08)
+Experts: Pan-blue camp makes dangerous U-turn
( 2004-01-08)
+33761 policemen dismissed in clean-up campaign
( 2004-01-08)
+Taipei told to stop playing with fire
( 2004-01-07)
+Tiananmen Square protest planners arrested
( 2004-01-08)
+Automakers see rewards, and risk, in booming China
( 2004-01-08)
+AIG eyes credit card market in China
( 2004-01-08)
+TCL's mobile branch seeks HK IPO
( 2004-01-08)
+Opening Telecom sector wider
( 2004-01-08)
+Energy sector reform urged
( 2004-01-08)
   
  Go to Another Section  
     
 
 
     
  Article Tools  
     
 
 
     
  Related Articles  
     
 

+Banks launch credit card
2004-01-02

+China OKs Citibank, HSBC cards
2004-01-02

+Clients eager for overseas bankcards
2003-11-21

+Credit card project's milestone
2003-11-18

 
     
   
        .contact us |.about us
  Copyright By chinadaily.com.cn. All rights reserved