Credit-card holdings in S. Korea hit record high last year
Jan 9, 2011
The average number of credit cards held by South Koreans hit a record high last year thanks to a well-established payment system and improving economic conditions, a report showed Sunday. A total of 114.94 million cards had been issued as of the end of the third quarter of last year, according to the report by the Credit Finance Association. Given that the number of economically active peopl