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Monday, January 24, 2005

Credit Cards in Romania

There are about 6 million cards in Romania, out of which 5% are credit cards. Seems that Romanians are mostly attracted to Debit cards. One of the reasons for this might be the complex documentation and beaurocratic procedures around credit cards.

Out of the total number of the cards, 2.576.115 are VISA and 2.872.719 are MasterCard.

On such a market, ING Romania comes with a very attractive offer, giving you 1.5 * net salary credit when issuing an ING card. Also, the procedure is quite simple. Even more, after about three months there is a good chance that they increase your credit range to 3 times the net income. Too bad their website, www.ingbank.ro is not very information-rich.

Posted by Mihai : 1/24/2005 01:27:00 pm