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Reportbuyer: ReportBuyer.com Adds Lafferty Report on Consumer Finance in Norway 2008
Nov 14, 2008 (M2 PRESSWIRE via COMTEX) --
ReportBuyer.com, the online destination for business intelligence for major industry sectors, has added a new report analysing consumer finance in the Norway.
"Consumer Finance in Norway 2008", which is available at http://www.reportbuyer.com/go/LFY00017 reports that Norway has one of the most well developed electronic payment systems in both the Nordic region and around the world.
The report shows that nearly three quarters of the total amount spent on payment cards is carried out at the point of sale, rising to 90% of all transactions. Authors of the report note that, indeed, Norway is well on the way to becoming a cashless society.
Some of the key conclusions of the report include:
*Household credit has risen sharply to one of the highest levels in Western Europe as a percentage of personal disposable income. House price growth has been a major factor.
*Personal loans and overdrafts remain popular forms of borrowing.
*The cards market is well developed on the debit side although credit card volumes are now growing rapidly.
The report includes 11 sections: key facts, demographics, the economy, consumer credit market, cards market, credit cards profit pool, pricing and enhancements, networks, credit cards issuers, merchant acquiring and processing.
The report "Consumer Finance in Norway" is available from Report Buyer at: http://www.reportbuyer.com/banking_finance/debit_credit_cards/lafferty_cards_con
sumer_finance_norway_2008.html
ReportBuyer.com Product ID: LFY00017
About ReportBuyer.com
ReportBuyer.com (http://www.reportbuyer.com/banking_finance/index.html) is a UK-based independent online store supplying business information. The website now carries over 87,000 business information products, including market reports, studies, books and events. Subscribers receive a free monthly newsletter and email alerts on new titles in their areas of interest. A regularly updated blog provides information on the latest market trends.
CONTACT: ReportBuyer.com
e-mail: press@reportbuyer.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
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