Following a successful outcome of the inspection by People's Bank of China, Citibank has been authorized to issue the Renminbi debit cards to its retail customers in China. It is likely that other ...
U.S. giant Citibank and HSBC Holdings Plc, the world's two biggest banks by market value, have become the first foreign lenders to get their feet in the door of China's credit card industry. Offering ...
SHANGHAI, July 30 (Reuters) - Citibank started issuing yuan-denominated debit cards in China on Wednesday, the third foreign bank to offer the cards, which are key to building up retail banking ...