2011 Banking Development Working Capital 
Harvard Business Review
OCTOBER 28, 2011
in September 2011, down slightly from the three-year peak of 6.5% in July 2011 — appears likely to remain a priority. in September 2011, the same as in August, though down from a July 2011 peak increase of 14.8% — staying so stubbornly high? For Beijing, tackling China's high inflation rate — 6.1%
Harvard Business Review
MARCH 28, 2016
Both associations managed their brands and ran the clearing and settlement systems for banks that issued cards or helped merchants accept cards. These card networks were allowed to charge their members just enough to cover cost and provide working capital. MasterCard IPO’d in 2006, and Visa followed two years later.
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