- Japan: With the prospect of a more favourable economic climate and an anticipated improvement of business models by the major issuers, pre-tax profits are expected to increase gradually over the next three years.
- Vietnam: Vietnam's commercial banks are striving to expand the country's nascent credit cards market as it represents a huge opportunity. The low level of credit card penetration, at nine cards per 100 adults in 2016, underscores the market's growth potential.
- Germany: Debit cards are widely available in Germany and are a common means of payment. Despite their popularity (indicative of financial prudence amongst German consumers), in terms of billed volume, credit cards have been growing at a faster pace (17.2 percent in 2016) than debit cards (2.4 percent).
- Indonesia: Credit cards remain a profitable business for issuers in Indonesia, with pre-tax profits growing by 26 percent during 2016.
AT A GLANCE
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