AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

SOUTH KOREANS' OVERSEAS CREDIT CARD USE FALLS IN FIRST QUARTER.

AsiaPulse News

| June 02, 2003 | COPYRIGHT 2003 Asia Pulse Pty Ltd. 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

SEOUL, June 2 Asia Pulse - South Koreans' first quarter overseas credit card bills dropped 3.6 per cent from the last quarter of 2002 to US$610 million, the Bank of Korea said Sunday.

The number of Koreans who used credit cards abroad also fell 1.6 per cent to 1.11 million, the central bank said.

Overseas credit card use recorded the second consecutive quarter-to-quarter decline and marked the first time since 2000 that first quarter use fell from the previous quarter.

"Koreans' overseas credit card use fell due to the prolonged economic slump and the fallout from severe acute respiratory syndrome," it said.

The central bank said per capita overseas credit card use totaled US$552 ...

Related articles from newspapers, magazines, journals, and more
Overseas credit card use up by 0.6% last year, BUSINESS KOREA.
News wire article from: Worldsources Online April 2, 2004 700+ words
...Original Source: Emerging Markets Datafile URL: http://www.mk.co.kr/ Despite a drop in credit card use last year, overseas credit card spending swung up by 0.6 per cent on an annual comparison the central Bank of Korea (BOK) said...
Overseas credit card use up by 0.6% last year.
News wire article from: Asia Africa Intelligence Wire March 31, 2004 700+ words
(From Maeil Business News) Despite a drop in credit card use last year, overseas credit card spending swung up by 0.6% on an annual comparison the central Bank of Korea (BOK) said on Wednesday...
Overseas Credit Card Use Hits New High in Third Quarter.
News wire article from: Asia Africa Intelligence Wire November 30, 2004 700+ words
...Nov. 30 (Yonhap) -- Overseas credit card use by South Koreans reached...Korea (BOK). The value of overseas credit card use rose 11.4 percent from...549. ""Such a leap in overseas credit card use was due to a surge in...
OVERSEAS CREDIT CARD USE BY S KOREANS HITS NEW HIGH IN Q3.
News wire article from: Asia Africa Intelligence Wire November 30, 2004 700+ words
...SEOUL, Nov 30 Asia Pulse - Overseas credit card use by South Koreans reached...Korea (BOK). The value of overseas credit card use rose 11.4 per cent...549. "Such a leap in overseas credit card use was due to a surge in...
Value of Overseas Credit Card Transactions Edges Up in 2003.
News wire article from: YON - Yonhap News Agency of Korea March 31, 2004 700+ words
...resulting in a rise of the amount of per-capita overseas credit card use to $546 from $562, the state bank said. Previous per-capita figures for overseas credit card use were $422 in 1998, $509 in 1999, $547 in...
Overseas Credit Card Use Falls This Year: LG Card.
News wire article from: YON - Yonhap News Agency of Korea June 7, 2004 700+ words
...company said. In addition, overseas credit card use by corporations shot up...Card said. However, domestic credit card charges by those firms fell...according to the company. Overseas credit card use by corporations was tallied...
KOREANS' OVERSEAS CREDIT CARD USE FALLS THIS YEAR: LG CARD.
News wire article from: AsiaPulse News June 7, 2004 700+ words
...company said. In addition, overseas credit card use by corporations shot up...Card said. However, domestic credit card charges by those firms fell...according to the company. Overseas credit card use by corporations was tallied...
SOUTH KOREANS' OVERSEAS CREDIT CARD USE EDGES UP IN Q1.
News wire article from: AsiaPulse News June 14, 2004 700+ words
...period last year. Per-capita credit card use rose 1.7 per cent on...BOK official, said increased overseas credit card use points to rich Koreans not...contrast, the overall domestic and overseas credit card bills tumbled 41 per cent in...
South Koreans' Overseas Credit Card Use Edges up in 1st Quarter.
News wire article from: YON - Yonhap News Agency of Korea June 14, 2004 700+ words
...period last year. Per-capita credit card use rose 1.7 percent on...BOK official, said increased overseas credit card use points to rich Koreans not...contrast, the overall domestic and overseas credit card bills tumbled 41 percent in...
Overseas credit-card use on decline.
News wire article from: Asia Africa Intelligence Wire June 2, 2003 700+ words
...Herald) By Kim Ji-ho Overseas credit-card spending by Korean travelers...first time the number of overseas credit-card users had declined in the...to the central bank. "Overseas credit-card spending usually increases...
For more facts and information, see all results

Source: HighBeam Research, SOUTH KOREANS' OVERSEAS CREDIT CARD USE FALLS IN FIRST QUARTER.

©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA