Card skips on the rise
25 May 2009
Some banks are seeing up to 2,500 customers leave the UAE every month without paying off their credit card bills, a number that could rise in June, a senior bank official said.
RAK Bank business advisor David Martin said most of those leaving without settling their credit card bills were linked to the construction sector in Dubai. RAK Bank said it had around 20 per cent share of the card market.
© 7Days 2009
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