Just Published: "Credit Cards in Turkey"
From 1 February 2014, a new regulation was launched which affected the growth of credit card transactions, value sales and cards in circulation. Credit card transactions increased by 13% in current value terms in 2014, compared with a CAGR of 19% during the review period. Similarly, growth in cards in circulation was 4% in 2014, in comparison with a CAGR of 6% over the review period. It was personal credit cards rather than commercial credit cards that was affected by...
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