Chinadaily.com.cn
Tue, July 22, 2025
 
Go Adv Search

Chinese own 2.95b bank cards

Updated: 2012-03-20 10:55

(Xinhua)

  Comments( China Daily Website - Connecting China Connecting the World

Sorry, the page you requested was not found.

Please check the URL for proper spelling and capitalization. If you're having trouble locating a destination on Chinadaily.com.cn, try visiting the Chinadaily home page

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
)
Print Mail Large Medium  Small 分享按钮 0

BEIJING -- Every Chinese had more than two bank cards on average at the end of last year as more people in the world's second-largest economy turn to non-cash transactions, according to a report by the central bank on Monday.

The People's Bank of China (PBOC), or the central bank, said in a report on the country's banking payment service that banks and financial institutions issued an aggregate of about 2.95 billion bank cards at the end of 2011, up 22.1 percent from a year earlier.

Last year, a total of 33.83 billion transactions worth 1,104.35 trillion yuan ($175.1 trillion) were made through non-cash payment instruments such as commercial bills and bank cards, according to the PBOC report.

Among those bank cards issued, the number of debit cards rose 21.9 percent year-on-year to reach 2.66 billion, while credit cards totaled 285 million at the of 2011.

PBOC data shows the total lines extended to credit card holders increased 30 percent year-on-year to 2.6 trillion yuan, with a combined credit balance outstanding jumping 81 percent year-on-year to 812.96 billion yuan.

Further, credit card loans that were more than six months overdue rose 43.5 percent year-on-year to hit 11.03 billion yuan at the end of last year, or accounting for 1.4 percent of the total credit loans outstanding.

Comments (English only) View Comments
Your name

Messages that harass,abuse or threaten others;have obscene or otherwise objectionable content;have commercial or advertising content or links may be removed.

Comments: ( China Daily Website - Connecting China Connecting the World

Sorry, the page you requested was not found.

Please check the URL for proper spelling and capitalization. If you're having trouble locating a destination on Chinadaily.com.cn, try visiting the Chinadaily home page

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
)