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Koreans Hold 2nd Largest Number of Cards After US

Tags » Credit Cards, Debit Cards

Lee Hyo-sik reports for the Korea Times that, according to the Bank of Korea, "Korean consumers had an average of 3.35 credit and debit cards each as card companies issued about 161 million cards in 2004 when the country’s population stood at about 47 million." This compares with an average of 5.15 cards issued per person in the US,3.05 cards per person in Japan, Singapore with 2.39 and Britain with 2.36.


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