Recent Episodes of Credit Card Distress in Asia

14 Pages Posted: 26 Jun 2012

Date Written: June 1, 2007

Abstract

Not only has credit card lending in Asia grown rapidly, but also several episodes of sharp booms and busts have been experienced, posing new risks to financial stability. Policymakers need to learn more about the risks arising from this type of consumer lending and respond with appropriate prudential measures.

JEL Classification: D14, G14, G23, G28

Suggested Citation

Kang, Tae Soo and Ma, Guonan, Recent Episodes of Credit Card Distress in Asia (June 1, 2007). BIS Quarterly Review, June 2007, Available at SSRN: https://ssrn.com/abstract=1599656

Tae Soo Kang (Contact Author)

World Bank ( email )

1818 H Street, N.W.
Washington, DC 20433
United States

Guonan Ma

Bruegel ( email )

Rue de la Charité 33
B-1210 Brussels Belgium, 1210
Belgium

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