123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Investing---Finance >> View Article

Global Credit Card Industry - Emerging Markets

Profile Picture
By Author: Bharat Book Bureau
Total Articles: 1486
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Our new research report, Global Credit Card Industry - Emerging Markets, states that with changing consumer spending patterns, the credit card market in emerging economies has expanded rapidly in recent years. For instance, between 2004 and 2007, the number of credit cards in Brazil and Mexico more than doubled, while the number of cards in circulation in Poland tripled. Outstanding credit card debt in India tripled over the same period. In China, growth in the number of credit cards averaged just over 23% from 2004 to 2007, and then surged to nearly 93% in the first half of 2008.

We strongly believe that this growth trend will continue in near future as well, with a small deceleration in effect of global financial turmoil and credit squeeze. Bankers will also be a little more conscious while doing risk evaluation of credit card applicants. But the overall trend will remain positive.

The baseline for this optimistic future outlook is that governments in most of the emerging countries are encouraging credit cards usage to cut the operating cost and to avoid tax delinquencies. Consumers also prefer use of credit ...
... cards as they are safer to carry and provide credit facility as well. Beside this, there are many other benefits like reward points and discounts by merchants as well as bankers which lure customers to shop by credit cards.

This report provides extensive research and in-depth analysis on the emerging credit card markets. It will help clients to analyze the leading-edge opportunities critical to the success of emerging credit card markets. Detailed data and analysis will help the players to navigate through the evolving credit card markets in the world.

Our research provides forecast on

Number of credit cards in China, 2008 & 2012
Credit cards purchases in India, 2008-09 to 2011-12
Credit cards spending in South Korea, 2008-2012
Number of credit cards in Russia, 2008-2012
Number of credit cards in Poland, 2008-2012
Consumer spending via credit cards in Brazil, 2008-2012
Number of credit cards in Mexico, 2008-2012


For further information, please visit the following link: http://www.bharatbook.com/Market-Research-Reports/Global-Credit-Card-Industry-Emerging-Markets.html

Or

Contact us at:

Bharat Book Bureau
207, Hermes Atrium, Sector 11, PO Box.54, CBD Belapur, Navi Mumbai - 400 614, India.
Phone : +91 22 2757 8668 / 2757 9438
Fax : +91 22 2757 9131
E-mail : info@bharatbook.com
Website : www.bharatbook.com

Total Views: 217Word Count: 372See All articles From Author

Add Comment

Investing / Finance Articles

1. The Investor Co - Trade With Confidence
Author: Taramalhotra

2. A Deep Dive Into The Leading Investment Banking Firms In Hyderabad
Author: Verity knowladge solutions

3. Can Foreigners Buy Property In Ajman?
Author: tarek

4. When Will Same Day Loans Online Be Paid Into My Bank Account?
Author: Jockey Ferguson is a financial adviser of Fast Pay

5. The Role Of Exclusive Solar Appointments In Accelerating The Solar Revolution
Author: Shan Tait

6. Wills Vs. Trusts: Key Insights For Effective Estate Planning
Author: Daniel Stewart

7. The Impact Of Financial Institutions Groups On Global Markets
Author: Verity knowladge solutions

8. How Property Investment Professionals Drive Long-term Wealth Creation
Author: Rick Lopez

9. Private Company Registration Bangalore | Company Incorporation
Author: mwseo

10. Ecommerce Loan With Overdraft Facility For Your Business
Author: Tarun

11. Does The Online Application Process For A Short Term Loans Require A Credit Check?
Author: Jockey Ferguson is a financial adviser of Fast Pay

12. The Impact Of Customer Reviews On Solar Appointment Leads
Author: Shan Tait

13. What Happens If You Don’t Use Insurance Money For Repairs?
Author: john

14. How To Earn Money Online Without Investment In Mobile?
Author: john

15. Is It A Good Idea To Give Money To Beggars?
Author: john

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: