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  • September 15, 2014
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  1. take action

    Posted Aug 02nd 2004, 12:00am by Staff Reporter

    ... City to ask for a refund. 'Needless to say... he is stuck with the camera,' Ms Giss wrote. In addition, when her friend tried to pay for the camera with his credit card, 'James insisted on making a photocopy of his driver's licence and he also took a picture of [the friend] telling him that he needed to do this because the visitor was using a credit card to pay ...

  2. Regulator signals progress on opening up credit card trade

    Posted Oct 09th 2003, 12:00am by Staff Reporter

    ... Foreign banks receive encouragement that the mainland may act sooner on its WTO commitments China's highly profitable credit card market could be opened up to foreign banks under ... that it was studying the possibility of foreign entry and would issue rules on bank cards in the near future. Although the mainland has agreed to open its financial services industry - including the credit ...

  3. Respect paves way for a successful life

    Posted Nov 07th 2009, 12:00am by Chris Davis

    ... is not advocating that cardholders should spend more, or increase their levels of borrowing, but simply use their Visa card as a lifestyle choice. In keeping with a personal passion for soccer, Cheung said ... for the integration of its consumer banking business before it was acquired by DBS Bank. He also spent 26 years with Citibank, where he was general manager of card business and responsible for spearheading ...

  4. HSBC to issue credit cards in China

    Posted Aug 21st 2003, 12:00am by Mark O'Neill

    ... When the PBOC gives the lender permission, it will start with Visa cards, offering products similar to those in Hong Kong The mainland will soon give HSBC permission to issue credit cards ... locals account for 50 per cent of our customers and 60 per cent of our foreign exchange deposits,' Mr Yeung said. 'Many want to get a foreign exchange credit card, which they could use ...

  5. Credit-card sector on recovery path

    Posted Jan 05th 2005, 12:00am by Staff Reporter

    ... Kelvin Wong Hang Seng and ICBC (Asia) unveil expansion plans to tap potential growth The credit-card market is set for a full rebound, according to industry experts. MasterCard vice-president and Greater China business manager Danny Cheung Wai-kin estimated that credit-card spending in the fourth quarter of last year experienced at least 30 per cent year-on-year growth. He said ...

  6. The art of persuasion

    Posted May 23rd 2005, 12:00am by Paul McGuire

    ... the writer says: 'What products do we offer?' Turn the following statements into questions: 6. Banks are safe places to keep your money. 7. You should look after your credit card. 8. ... Answers: 1. Income and assets; 2. other banks; 3. yes; 4. to save and invest; 5. come in and have a chat; 6. Are banks safe places to keep your money?; 7. Should you look after your credit card ...

  7. Bocom prepares to issue HSBC co-branded cards

    Posted Nov 04th 2004, 12:00am by Staff Reporter

    ... Bei Hu Australian banker nominated to head unit seeking to tap mainland market Bank of Communications has set up a new unit to issue co-branded credit cards with new shareholder HSBC. Ron ... unit's establishment has signalled that Bocom and HSBC have begun substantive business co-operation,' Shanghai-based Bocom said in a statement yesterday. A credit card joint venture in which ...

  8. Cross-border products fail to win creative credit

    Posted Oct 16th 2004, 12:00am by Staff Reporter

    ... it appears local lenders are still struggling over the trickiest item of the first phase- yuan credit cards. And even those who have taken the lead by issuing them are proceeding with great caution. HSBC and subsidiary Hang Seng Bank this week became the first Hong Kong banks with no direct mainland ties to launch yuan credit cards for local residents. The Hong Kong subsidiaries of both ...

  9. Citigroup targets card-carrying elite

    Posted Dec 06th 2004, 12:00am by Staff Reporter

    ... will expand the issuance of their co-branded credit card to more key mainland cities next year, according to officials. The widening geographical reach of their yuan and US dollar dual-currency ... Construction Bank in exchange for an arrangement to sell credit cards to the large client base of the country's third-largest bank. China Merchants Bank, the Industrial & Commercial Bank ...

  10. BOC card offers property discounts

    Posted Jul 31st 2008, 12:00am by Sandy Li, Yvonne Liu

    ... Sandy Li and Yvonne Liu Six mainland developers have teamed up with Bank of China in Shanghai to launch a debit card offering holders discounts at a number of residential projects ... Group, Gemdale, Yanlord Land Group, China Merchants and Dahua Group. The preferential offers are part of Bank of China's 'Great Wall Dream House Card', according to details ...




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