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Non-bank card firms' presence expanding.

Bangkok Post (Bangkok, Thailand)

| March 03, 2006 | COPYRIGHT 2006 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Mar. 3--Non-bank credit card issuers had a total 390 branches in Thailand as of the end of February, up from 298 at the end of last year and 152 at the end of 2004, according to the Bank of Thailand.

Twelve card companies are now operating in the country. Of the 390 branches, 171 are located in Bangkok, 115 in the central region, 33 in the Northeast, 38 in the North and 33 in the southern region.

Cetelem (Thailand) has the most branches at 139, following by Aeon ...

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Source: HighBeam Research, Non-bank card firms' presence expanding.

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