Michael Lafferty: Card market still has a lot of room to grow - Azi

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The Romanian bankcard market still has a significant growth potential, even in comparison with other markets in the region, according to Michael Lafferty, Chairman of Lafferty Group - a renowned independent international organisation involved in retail banking research.

"Many of the large markets in Eastern Europe, in terms of number of cards issued, have yet to achieve their potential in terms of penetration rate," says Michael Lafferty. In terms of the number of cards in circulation, Romania...

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