- Philippines: Credit card pre-tax profits grew in 2015, encouraged by improved risk controls and increased card consumption.
- Malaysia: The national scheme — MyDebit — is the market leader in the debit card space. Among the 27 credit card issuers, Maybank, Citibank, CIMB and Hong Leong Bank are the top four players, with a combined market share of 65 percent in 2015.
- Portugal: After posting losses between 2011 and 2014, most major banks in Portugal were profitable in 2015. Between 2011 and 2014, financial institutions complied with capital regulatory requirements while reducing expenses, evolving into more efficient institutions ready to increase revenue in line with credit demand. In general, non-performing loans have been increasing. In the consumer credit area, the NPL rate rose from 6.6 percent in 2009 to 10.6 percent in 2015.
AT A GLANCE
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