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  • September 19, 2014
  • Last updated: 4:43pm
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  1. Students responsible with dollars and cents

    Posted Oct 09th 2004, 12:00am by Staff Reporter

    ... Of the more than 40 per cent who had two or more credit cards, nearly 90 per cent rarely charged to the limit, and about 85 per cent almost always fully repaid their bills. Only 77 respondents ... about the full terms and conditions of their loans and credit cards. Forty-five per cent of respondents said they knew nothing or very little about the terms of their credit cards and loans, ...

  2. Credit risk management is vital to bank success

    Posted Jul 10th 2004, 12:00am by Vicki Williams

    ... Teamwork is also important at Citic Ka Wah as the field grows more sophisticated, writes Vicki Williams THE RISE in bankruptcies, negative assets and customers defaulting on their credit card payments during the recent economic downturn underlined the need for banks to manage credit risk wisely. A career in the field of credit risk management can be rewarding as it creates ...

  3. Bocom wins nod for credit card issue

    Posted Apr 14th 2005, 12:00am by Staff Reporter

    ... Bei Hu Bank of Communications (Bocom) has won final clearance to launch credit cards bearing its logo and that of its 19.9 per cent shareholder HSBC. The first cards would be issued later ... to more than a dozen cities by the end of the year, with hundreds of thousands of cards being sold through Bocom's extensive national branch network. Credit card co-operation was key ...

  4. 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 ...

  5. Learning in Luxury

    Posted Mar 12th 2011, 12:00am by Wong Yat-Hei

    ... ESSEC Business School in France and MasterCard Worldwide have offered the Luxury Brand Management Executive Programme, an annual, four-day course that provides up-to-date knowledge of luxury ... of Asia's luxury market,' says Georgette Tan, vice-president for communications, Asia-Pacific, Middle East and Africa, MasterCard Worldwide. 'Working alongside other professionals ...

  6. Business - Economy - ECONOMY

    China credit fluctuation stirs policy uncertainty

    Posted Sep 12th 2014, 12:15pm by Victoria Ruan

    ... Victoria Ruan in Tianjin victoria.ruan@scmp.com Mainland credit fluctuation stirs policy uncertainty The mainland's overall credit supply has rebounded from earlier lows but is still ... "We don't expect policymakers to launch significant monetary easing in order to offset the credit slowdown," said Julian Evans-Pritchard at London-based Capital Economics. "That ...

  7. A thicket of credit-card fees

    Posted Aug 01st 2011, 12:00am

    ... Helene Franchineau helene.franchineau@scmp.com It is easy to get a credit card in Hong Kong. Banks make a lot of money from this business and, to attract new customers, they offer ... decision about credit-card use, we've compiled a table of the most basic fees for entry-level cards issued by eight of Hong Kong's major banks. The essential finding: it can get expensive ...

  8. Bank card use boosts retail sales

    Posted Feb 09th 2010, 12:00am by Staff Reporter

    ... the mainland's sole domestic interbank card operator. 'At the same time, the fast-growing business has resulted in an increasing number of credit card defaults.' Online market analyst firm ... a total 190 million credit cards. Last year alone, they issued 48 million new credit cards. Beijing intensified the crackdown on crimes involving credit card use late last year amid soaring unpaid ...

  9. 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 ...

  10. Raid nets 1,000 fake credit cards

    Posted Jun 15th 2011, 12:00am

    ... Clifford Lo clifford.lo@scmp.com Police yesterday raided the biggest counterfeit credit card operation found in the city in a decade, arresting two men and seizing more than 1,000 bogus card. 'Intelligence shows the two men are the core figures of the bogus credit card racket. We believe we have smashed the syndicate,' a senior police officer said. The operation- ...




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