Search
  • Home
  • Media center
    • News
    • Biz updates
    • Life
    • Specials
    • Videos
    • Photos
  • Government
    • News release
    • Personnel changes
    • Annual reports
    • Officials
    • Bureaus
  • Living
    • Life
    • Dining
    • Shopping
    • Entertainment
    • Arts
      • Craftworks
      • Theater performances
      • Museums
      • Galleries
      • Art zones
    • Transportation
    • Services
    • FAQ
  • Doing business
    • Biz updates
    • Introduction
    • Planning
    • Procedures
    • Policies
    • Industries
    • Industrial parks
    • Enterprises
  • Visiting
    • Travel log
    • Attractions
      • Historical
      • Parks
      • Religious
      • Museums
      • Nature
      • Landmarks
    • Itineraries
    • Maps
    • Transportation
    • Hotels
    • Dining
  • Study
    • Student stories
    • Overview
    • Universities
    • Scholarships
    • Services
    • Learning Chinese
    • Testing
  • About
    • Profiles
    • Maps
    • Districts
    • Special areas
    • Festivals and events
    • History
  • Events
    • Dates
    • Categories
  • Forum
 
Home / Biz updates

ICBC largest issuer of credit cards in Asia-Pacific

Updated: 2014-12-23 /By Jiang Xueqing (chinadaily.com.cn)
  • printer
  • mail

China's largest State-owned commercial bank, by total asset, announced on Monday that it has become the largest issuer of of credit cards in Asia-Pacific.

Industrial and Commercial Bank of China Ltd (ICBC) issued more than 100 million credit cards by Dec 17, with annual expenditure worth 1.88 trillion yuan ($302 billion), 84 times the amount in 2002, when the first credit card was issued. The bank issued 88.05 million credit cards by the end of 2013. The outstanding loans of its credit cards amounted to 366.2 billion yuan.

According to the People's Bank of China, the nation's central bank, a total of 436 million credit cards had been issued in the country by the end of the third quarter.

Nearly one out of every four credit cards was issued by ICBC. It has 66.97 million customers using its credit cards.

News:
  • Peking Opera thriving in Hawaii
  • Americans go 'Hao' over Jingju
  • Beijing holds Feast of Golf
  • Li Lei brings his visual symphony to Beijing
  • A better Beijing in the Year of the Rooster?
  • 刷脸进站(shuāliǎn jìn zhàn): 'Face ticket' at train stations
Specials:
Tsinghua Holdings Co. Ltd launched “Top 10 Talents” in response to the 13th Five Year Plan goal of building Beijing into a national Technology & Innovation Center with a creative spirit and innovative cultural atmosphere.
Top 10 Talents of Tsinghua Holdings read more
Videos:
Easy Talk: Advocating environment protection through storytelling read more

Turn the page and discover Beijing in all its eclectic delights.

Explore the charm of the city in our promo videos

    • Contact
    • Site Map
    • Disclaimer
Copyright © 2011 China Daily All Rights Reserved Sponsored by Beijing Municipal Government Powered by China Daily              京ICP备10023870号-9