The Mexican arm of financial group HSBC said on Thursday it expects to boost its profitable credit card portfolio this year by handing out plastic to more clients while keeping a lid on past-due accounts.
HSBC Mexico’s credit card portfolio should reach more than 6 billion pesos ($566 million) by year end, compared to about 5 billion pesos right now and less than 4 billion pesos at the end of last year, Rafael Arana, vice president of personal financial products, told reporters.
For this complete story, please visit HSBC Pushes Credit Card Campaign in Mexico.
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