ICBC Peony Credit Card was named for another recent award. During "Financial Night 2007 & 2006 Most Preferred Credit Cards among Chinese Consumers An Award Ceremony" sponsored by Popular Financing in Beijing, the steering committee of the event awarded ICBC Peony Credit Card for the "Best Value".
The "2006 Most Preferred Credit Cards among Chinese Consumers" evaluation took the ground of polls from 5120 cardholders. The survey fairly, scientifically, and objectively reflected the most favored and most preferred credit card brands in China. ICBC Peony Credit Card's advantages in market share, convenience, security, and fee reasonableness placed it at the top of "Best Value" over other counterparts.
Till the end of 2006, the Peony Card had a circulation of 180 million cards and the issuance of Peony Credit Card volume broke through 10 million pieces with card consumption value surpassing RMB 100 billion. Peony Credit Card dominated the sector in key service data, such as, consumption value and inter-bank transaction volume. The asset quality of the credit cards also reached fairly satisfying level. In addition to the volume development, Peony Credit Card saw improving product functions and better services that earned recognition from the cardholders and positive comments on the market.
2006 was the year of awards for Peony Card. It received the "China Brand Annual Award" in 2006 from World Brand Lab, picked up "China Finance Annual Award", and ranked first in the listing of "The Top 10 Most Trusted Bank Card in China". Peony Credit Card was recognized as "No. 1 Brand of Most Influential Credit Cards in China" during the grand public welfare evaluation event the "Third China Top-10 Influential Brands".
Among other awards, ICBC Peony Credit Card also won championship in "Best Credit Card 2006" during "Influence China 2006 Tencent Internet Gala" and successfully guarded its throne in "2006 Best User Experience of China Credit Card" from "China Finance and Economics Chart 2006" sponsored by Hexun.com.
