CBC CEO Oeur Sothearoath said this quarter was not entirely different from previous years, in which consumer credit
applications consistently dropped in the second quarter.
This report studies the global Consumer Credit
market size, industry status and forecast, competition landscape and growth opportunity.
With the completion of the transaction, PayPal and Synchrony have extended their existing co-brand consumer credit
card program agreement, and Synchrony is now the exclusive issuer of the PayPal Credit online consumer financing program in the US, through 2028.
Target: USD 7.6bn in receivables, including PayPal's US consumer credit
Recent strong consumer credit
growth prompted concerns that some households could be at risk of overstretching themselves as interest rates continue to rise.
Yesterday, they launched a crackdown on bonuses in consumer credit
firms by warning companies that they must ensure staff payments don't affect the way they deal with consumers.
The global consumer credit
market is characterized by financial institutions like- banks and alternative lenders.
Ultimately, these measures will improve the profile of the UAE's consumer credit
market and the country's global competitiveness.
Also within the PS1.2bn increase seen in consumer credit
in March, credit card borrowing increased by PS161m.
gained popularity in Pakistan in 2000s when a wave of "easy debt" was unleashed in the wake of excessive bank liquidity.
increased by PS1.3bn in November, which is higher than the average monthly increase of PS1bn seen over the previous six months and the largest upswing seen since a PS1.4bn increase in February 2008.