Bank credit card penetration reached 27.4% in 2017 in Cyprus, according to the National Central Bank. This is 1.84% more than in the previous year.
Historically, bank credit card penetration in Cyprus reached an all time high of 45.0% in 2007 and an all time low of 25.3% in 2014.
Cyprus has been ranked 18th within the group of 34 countries we follow in terms of bank credit card penetration.
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