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HSBC Credit Card share on the rise

One of the largest banking groups in the world, the Hongkong and Shanghai Banking Corporation Limited (HSBC) is to step up its marketing campaign in a quest to double its credit card market share.

HSBC has increased its market share recently with successful campaign enticing customers to take advantage of their zero balance transfer offers.

While the average growth of credit card business during the March quarter was 7.2 per cent, HSBC's enjoyed a 19.2 per cent growth rate in the three months to March.

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