The indian subcontinent has sliced the credit limit of some credit card customers to a tenth and raised 소액결제 현금화 루트 the minimum amount payable to 7% of total repaymants from 5%, possibly to persuade them to give up their cards as it draws closer to selling its retail operations to Britian's Hong Kong and Shanghai Banking Corp, or HSBC.
ABN Amro, owned by Britian's troubled Regal Bank of Scotland, or RBS, in addition has decided to frost nova fresh retail lending, including credit card and loans, to arrest a pile-up of bad loans.
It continues to trade in The indian subcontinent under its original moniker even with RBS took over its Cookware operations in 2007. HSBC is asked have signed a deal to buy RBS' retail businesses in The indian subcontinent, China and Malaysia and is awaiting regulatory home loan approvals in the three countries. Once it is approved HSBC would lead these retail operations from RBS in The indian subcontinent, China and Malaysia.
The move is a standard industry practice. Giving a reasonable explanation for their approach they are putting forward a statement that as a responsible lender, they review card limits and take appropriate action on an ongoing basis to protect their customers and manage risk.
Operations from ABN Amro said it has more than 4 lakh active credit card users. The bank's strategy would be to discourage users and cause them to give up their cards or reduce their credit exposure.
ABN Amro has been against a large number of employee making a profit to competitors after the deal with HSBC located light. It has also laid of some of its employees in the credit card and personal bank loan sectors.
Currently, the bank has around 2, 854 employees, down from 3, 300 in early 08. About 2, 500 are in the retail and commercial banking department. It has another 8, 500 in its two freelancing arms.