With 138 Mn active cards in 2022, Bank of China contributes to increased household debt

Bank of China

Financial Excess

9: Industry, Innovation and Infrastructure

Written by

Blessing T. Nov 30th, 2023

Reviewed by

Daniela D.

#debt #credit risk #credit card #debt trap #china #inflation #economic recession

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Bank of China

Financial Excess

9: Industry, Innovation and Infrastructure

Written by

Blessing T. Nov 30th, 2023

Reviewed by

Daniela D.

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With 138 Mn active cards in 2022, Bank of China contributes to increased household debt

Financial Excess

Assess the impact materiality of this Topic for Bank of China

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Financial Excess