KBank shoots for 36% credit card growth
- Published: 11 May 2012 at 00.00
- Newspaper section: Business
Kasikornbank set an aggressive goal for credit card spending, targeting 36% growth this year because of higher minimum wages and civil servant salaries.
Rising goods prices will also likely push up credit card spending, said executive vice-president Pakorn Patanapat.
The bank projected credit card spending this year of 205 billion baht, which would give KBank the lion's share of the market, at 19%.
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