Oman's credit card business grows by one-third

Samrat Raj, Product Manager at the National Bank of Oman's Card Division has said that according to Master and Visa card statistics, the credit card business in Oman grew by 33% in 2009 compared to 2008, Gulf News has reported. Raj estimated the volume of credit cards issued in the Sultanate to be around 150,000. 'There is a lot of scope for the credit card market to grow and the segment involving women was completely untouched here,' he told the daily.